After a doji 'indecision' candle for $ES yesterday, indices in fairly tight consolidation overnight. $ES looks like a pennant to me on the hourly now with same 5442 weekly level we were watching yesterday (and that it closed on) as the bull/bear key. Relative strength so far this week: $RTY > $ES > $NQ. $GC also looks to be forming a pennant on the hour…
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