DanGramza

Is Asia opening too strong

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
Buyers entered the trading session in Asia on Sunday night 5 o'clock Chicago time right on cue. We also see a strong close at new highs. A little troubling is the unusual stronger opening in the Asia session. Although this does imply that buyers are continuing to push this market to new highs, be cautious at these levels from the long side because this type of opening could be high enough to find sellers.
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