The market rallied following Trump’s European joint concessions announcement, leaving poor structure in the market profile chart. The 2836.00 spike base, and probably more importantly, the 2831.25 late pullback low just before the announcement, could be important early references.
Acceptance below 2831.25 could target the weaker references below, increasing the odds of a liquidation break or correction.
If the market euphoria continues, there is an unfilled gap at 2860.00 from 1/29/18, and the all time high (September contract) is at 2883.75, potential visual targets.
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