My ES SWING Chart above...I've seen too many of these "set-ups", to believe that it was gonna be different this time around. Looking at the above chart, PRICE had been moving up almost incessantly since "rumours" broke, about the possible rate cut. A Bull Trap was clearly in the making. However, having said that, this has put PRICE in PRIME and as well as Leg 2 of this current Bear Break. But with the POSITION Chart just turning down, PRICE will inevitably continue to go in the current direction it is going, until it fails...
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