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2023-02-01 Daily ES Update, The Story of the 4060 Level Breakout

CME_MINI:ES1!   S&P 500 E-mini Futures
After the news in pre-market, buyers pushed to take control. During the first part of the session, sellers fought and absorbed many buyer orders (we saw a couple of iceberg orders).

However, buyers took control of the 4060 level, pushing to break 4075, and mitigating the orders from the order block at 4090.

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