Weekly post:
OpEx, VIXpery and PCE week | Weekly post (17-20/Feb)
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Read it carefully.
For today, momentum is underpressure after overnight session.
For ES, 6850/60 is the main pivotal area, a strong resistance, but for downside momentum 6835 must be taken out to be confirmed. Targets are 6790 and 6750/60
For any upside move to be confirmed, 6905 must be taken out, with target of 6920/30.
Let’s look at the daily positioning…
