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Buyers Fight Back

2 minute read

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

Today, the ES was determined to fight back against the sellers. The early morning was full of many attempted sell offs, but exhibited mostly sideways movement. As the cash open arrived, the buyers took full control, sending the market higher for the remainder of the day.

The Euro FX futures found very sloppy, yet volatile bullish progress during the early hours heading towards the cash open. News released around the time of the cash open led to extreme whipsawing followed by rolling sideways momentum for the remainder of the day.

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