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Scandex Market Update – June 16th

Scandinavian Capital Markets

I’m thinking that ES carries into 3110/37 before encountering stronger resistance for another leg lower. The zone is defined by the 61.8% retrace and underside of the line that crosses pivots (high and lows) since 2018 (red line).

Scandinavian Capital Markets Review

Source: https://scandex.com/2020/06/16/market-update-june-16th/
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