Ricky Wen | Jun 24, 2020 03:17PM ET
The main takeaway remains the same as the price action remains stuck in an overall daily pattern of 3231.25-2923.75, where a temporary top and temporary bottom were confirmed a few sessions ago. The ongoing battle remains tough for both sides because the longer this thing consolidates in a high-level consolidation; the better the outcome for the ongoing bulls. This is why it’s critical for gummy bears to act now and entice the real, big, bad bears to rotate back into town.
What’s Next?
Tuesday closed at 3112.75 on the ES as a doji candlestick, meaning that the price action remains indecisive within this high-level consolidation/bull flag environment. My game plan:
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