Through the Resistance Zone
SPM traded above our key resistance zone of 1144.50 to 1146.20 to a late-morning session highs of 1147.50. As we stated in the Morning Meeting, given the holiday this week, many players are absent from the trade. So this may be the last day of this week to get some significant work done.
NDM trades above our session highs and transition zone to new daily highs at 1450. We’ve seen a grind-oriented trade all the way up.
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