With the move pushing higher and the ES above 1107ES it looks like a trap was set yesterday and its gaping up over 1107ES via Glovex
A good pair to watch is this pair on the ES strength, the early clue was the setup to rally earlier, so i am looking at this as a 4th wave pullback, it needs to hold here or its in danger of failing
So lets watch this pair for clues on the "risk trade" and a potential bid in the ES
We know its wrong below the wave 1 high, but this is about the lowest i would want to see it to keep the idea valid as a 4th wave pullback
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