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Line Dancing is All the Rage 8/6/20

ES Futures Hourly Chart

This is ridiculous. Absurd even.

I made that comment in the wee hours this morning. The market was trading relentlessly sideways with a couple of bump and grinds. Then it broke, creating what looks like a top pattern. But the uptrend remained intact as of 8:20 this morning. ES Futures Hourly Chart

 

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