DanGramza

Buying did continue on Friday

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
Not only did we see buying continue on Friday but it also shows an example of people willing to go home long the futures market going into this weekend. Even though it would take very little to turn this market right back down if expectations are changed if there is any new developments in Ukrainian situation this could easily turn over back down. This type of close doesn't apply something about the confidence of buying order flow coming into a market but I still think you need to be very cautious.
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