The “PharmD is on vacation” pump remains undefeated, including the trap into Monday. Overnight back tested the range breakout nicely in early Euro session where they of course manufactured a perfect entry for themselves. The lowest we wanted to to see was ES 4297.5 and it wasn’t really challenged. After consolidating below the weekend plan’s 4323 level (below 4323 gets 4308.5 etc), the swing low 1 hour before open was exactly 4308.5 and never looked back. The day ended with a double distribution up with quite a bit of poor structure in between.
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