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I guess we’ll find out.
Near 5 AM in New York, trend support at 3790-92 on the ES holds the key. If it holds, back up we go. If they break it, bears get a shot.
If there is a downdraft, the likely target would be trend support around 3760-70. But if they hold here, should get back to the 3820 area as a first test of the highs.
How to Play the S&P Heading for 4200
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