My ES TREND Chart above...Though PRICE has yet to fail, do not discount the fact that a pullback of sorts is on the cards tonight. We have already made a PRIME Higher High on the TREND Chart but no PRIME Higher Low as yet. And with the SWING Chart still pointing up, we still need PRICE to head back down in PRIME, to challenge last PRIME Support at 1296.50, which was established right after the news release of theRate Cut.
11:35pm A PRIME PPF of Resistance is shaping up right now on the TREND Chart. And with the SWING Chart turning down, expectation here is for an end of the upmove since Monday night. PRICE now needs to head down to PRIME Support, on the SWING Chart, to establish a Higher Low.
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