#ES_F - Buyers are back in control now
After no new lows for the week recorded yesterday, I think traders are already digesting those earnings announcements and the inflation data (Hey is it transitory?).
Overall market structure is still bullish looking at the daily charts, where ES is still hovering around the 9-Day EMA level.
Overall market structure is still bullish looking at the daily charts, where ES is still hovering around the 9-Day EMA level.
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