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hungry_hippo
Oct 21, 2020 1:15 PM

ES1 Update 10/21 

E-mini S&P 500 FuturesCME

Description

MFI climbing fast but RSI going nowhere. Indication of a bear flag forming, when MFI hits overbought, we should get another leg down.

Keep in mind that anything can happen with the stimulus, stimulus news trumps everything. 2T is 10% of US GDP. Stimulus is real news.

Comment

Euro markets down 1%, expect the market to stay weak until Euro markets close.

They're starting to lockdowns again
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