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I have minimal time today for updates, so I’m reposting some of the charts from yesterday with updated comments below, if applicable:
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ES initial levels to break & hold are above 2506 or below 2486.25 from Day perspective, curently price is toying with lower region of STR20 Alt Bat PRZ, where price is in relation to 2494.5 is key. Bias is to upside unless initially breaks down 2486.25, then more important hlds back below 2486.25.
NQ is weaker than ES & if can hold below 5858.25, increases the probability of completing the green Day Bat at 5816.75. Intraday bias is to downside unless price can hold back above initially 5919.5 then more important above 5924.75.
CL invalidated the Day cyan pattern, so primary focus is if price can hold above 53.03 for brown pattern completion.
GC testing important resistance at 1315.2, above there increases the probability of testing Retrace targets 1325.3 to 1339.5. Otherwise a break down of 1302.4 increases the probability of testing 1286.1 or 1265.3.
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