
The recent lows inwards ES were achieved on lower book at the bid (bottom bluish arrow). As noted in the intraday tweet, nosotros every bit good saw non-confirmations of daily lows amid the NQ index too the XLB, XLV, XLY, XLP, too XLK sectors. Those non-confirmed breakouts oftentimes boot the bucket fake ones, every bit sellers are forced to embrace positions on failure to sustain the lows.
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