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Watching the Euro and ES futures ahead of what should be an entertaining week.
I've posted the Euro futures chart before with this Andrews median line stretching back for some time. While the bottom dropped out last week, price recovered slightly with an a-b-c pivot, giving us a short-term pitchfork projection, and where did we open today? Right at the top of the Upper Median Line. Afterward we retraced back to the mid-line (corresponding with our long-term pitchfork's Lower Median Line, in red) before continuing higher.
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Meanwhile, the ES opened right at it's mid-line and now rides its lower median line up
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