Category: STOCKS

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ES under 6877-6888 bearish. Above it bullish. Seems simple enough, so it’s probably too simple to be reliable. And Friday’s quad witch expiration close was AT the range’s 6888 upper-end,…
That said, gapping up enough on Monday could isolate sellers and put into play a retest of recent highs. Otherwise, the alternative would likely exit the weekend already in decline….
Having reset Thanksgiving’s suboptimal breakout, this week rewarded its buyers by extending to higher highs. But now intraday highs are being retraced through each close. And this behavior is developing…