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S&P 500 Futures - Jun 24

CME
Currency in USD
Disclaimer
5,003.50
-45.50(-0.90%)
Closed

S&P 500 Futures Discussions

tweezers top pattern in daily yesterday so down today
great science
 ,, I respect your views David, but just out of curiosity,  why are you spending time in a web site that is showing mainly Charts,, when you have so little faith in what charts may be trying to tell you? Inference based on probabilities IS science, it's even the foundation of most trusted "quantum theory" of science ! Also, charts pattern show market sentiment and most patterns have been tested in field to determine probable outcomes ! However, not to annoy you in future, I will be blocking my messages from reaching you later today ! Peace man
,, and to explain "logic" from my point of view,,, on 25th Feb afternoon, after retail had push candle green, every podcasters said 'Bottom is in" ! Not to be left out, Institutions jumped in markets before it closed and push green even higher (4380) ! You will find my comments on this in chat history ! Now, over the weekend all hell broke lose and 28th futures opened deep in red (4251)  so the institutions are trapped into losing positions ! So, regardless on news, after retail had pushed the candle little higher, institutions took over early, and pushed red candle back and up to 4380 to cover their losses and spring out of their trapped positions ! This made tweezers pattern and this was a big hint of what had happened,,, this too i commented on after market close ! So now today, market was allowed to find it's level by the institutions (which was down)
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