#daytrading #livetrading #stocks #futurestrading
RTY NQ and ES all look like a reversion to the 20 daily moving average is likely. Furthermore it looks like we might finally get that CPI poor structure and scene of the crime. Does this mean we are headed back down to the lows of the year? Hardly and I am long term short biased thinking 2650 is in our future. Pull backs are healthy. They bring fresh money into the market. This might just be that. Mean reversion. Anyway, RTY and NQ closed right on key support. ES is not there yet. So we should know by Monday morning what to expect RTH.
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