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The ES S&P fugutures may have set a 5 day cycle low in the wee hours this morning. They look poised to move higher here again after making yet another higher low. Pullbacks just ain’t what they used to be. Right?
Bears would need to take out 4675 to have hope of a reprieve, but there are multiple sport lines down to 4666, bwahahahaha, that would also need to be taken out.
Meanwhile, the challenge on the upside would be to break through 4702. Then we’d look for a retest of the highs.
For more on the big picture and elsewhere: