NQ1!, Intraday Weakness, Buyers Hold the Fort

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The sellers continue to retest the support and today had all the chances to break it. However, it did not happen during the day session. There is also a positive divergence that decreased the odds for them to succeed. This is a first day of the week and month and things can be different going forward. But for now watch the support and the balance outlined as a rectangle. Its resolution could set a short term bias and a trending move.

9/3/2019

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