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Bulls Waking Early


Daily market recap covering the E-Mini S&P 500 and the Euro FX Futures:

Today, the ES made strong bullish progress during the early hours on the way to the cash open. A final bullish rally occurred right near the cash open, but resistance was found, halting progress. The remainder of the day was filled with mostly sideways-bound waves.

The Euro FX futures crashed heavily from resistance early on. Support was found, however, the buyers were unable to make any notable progress before or after the cash open. The afternoon saw support break as the market continued lower.

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