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Good afternoon, traders. Despite futures at one point trading almost 20 handles under Friday’s low, we ended the session over 20 handles above that Friday low.
We are effectively in the same interpretive position we were in over the weekend. We’re now below the neckline of the large head & shoulders:
And yet, in the event the bears can’t keep it going, we can also still see this:
Alright, we’ll see how things go, and we’ll see if the bulls can get a reprieve here. I hope everyone has a fine evening.