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ESH2024 Market Analysis for the 25/12/2023 to 29/12/2023 Week

CME_MINI:ESH2024   E-mini S&P 500 Futures (Mar 2024)
In the following lines , we will analyse the weekly chart of the ESH2024.

Indeed , the fact that the weekly candle that started on the Monday 11 December 2023 closed with speed above the Monday 24 July 2023 candle was an indication of bullishness.

That was effectively confirmed with a up close candle on the week going from December 18 , 2023 to December 22 , 2023.

So for the upcoming week , we will expect a repricing into the BISI formed during the weekly candle that started on the Monday 11 December 2023 , then a move higher.

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