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Stuck in the Muddle With You 7/25/22

This is a syndicated repost published with the permission of Stool Pigeons Wire at Capitalstool.com. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

From the intraday trading perspective, that’s where we are. Firmly rangebound between 3935 and 4012. The ES 24 hour futures are trading midrange of that at 8 AM in New York.

3-5 day cycle indicators are neutral. They’re due for an upturn today, so I expect a rally later today that should result in at least a test of last week’s high.

ylmp7

 

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