Market Analysis and Trades for 6/12
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The weekly post for SPY 0.00%↑ and QQQ 0.00%↑ should be reviewed prior to this. Link to Market Analysis for The Week Ahead
Today ES reached the spot from the weekly plan which was structurally analogous to the NQ 21935-21969 range which triggered last week’s pullback. From the weekly plan:
It is worth noting that the 6004-6008 level is what triggered last week’s pullback and it had turned into key support this week, holding again today. This level will be key into tomorrow and potentially the rest of the week.
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