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The post had to be updated due to a data issue - the dates shown in setup S5 were the FOMC announcement days, not the pre-FOMC announcement dates - (thanks to a reader), but the positive outlook with respect to Tuesday's close will not change due
The market posted an uneventful session on Triple Witching Friday.
The ES E-MINI S&P 500 opened higher +0.35%, posted an intraday low of -0.33% below and an intraday high of +0.42% above Thursday's close, and finally closed almost unchanged -0.1
On Thursday's session the ES E-MINI S&P 500 posted a higher high (than the previous session’s high) on the 10th consecutive session (6 occurrences since 01/01/1990), but ended it's streak (of up to then 9 consecutive sessions) of under-perform
On Wednesday's session the ES E-MINI S&P 500 posted a higher high (than the previous session’s high) on the 9th consecutive session (11 occurrences since 01/01/1990), under-performed the SPXEW S&P 500 Equal Weigthed Index on the 9th consec
On Tuesday's session the ES E-MINI S&P 500 posted a higher high (than the previous session’s high) on the 8th consecutive session (22 occurrences since 01/01/1990), under-performed the SPXEW S&P 500 Equal Weigthed Index on the 8th consecut
Monday's session (almost) perfectly complied to historical probabilities and odds. The ES E-MINI S&P 500 showed the expected weakness before and on the open and the supposed follow-through of last week's strength (after posting a higher high and
Friday’s session marked the 6th consecutive session where the ES E-MINI S&P 500
opened up (in comparison to the previous session’s close),
posted a higher open than the previous session’s open,
posted a higher low and a higher high (t