| We are coming near an interesting technical junction at 3937. An area of tripple support on one hand, but, on the other hand, a potential break down of a bear flag. Watch the 2hr timeframe chart for ES, the S&P 500 E-mini Futures and note the patterns and price junction as the market heads into the Big Wednesday and most important day of the end of the year, the FOMC meeting. Visit ForexLive.com for additional perspectives. |
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