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Apparently, Failure Is an Option 10/18/21

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As we can see on the hourly chart, after the ES S&P futures hit trend resistance, and an ostensible 5 day cycle projection of 4478. 

We also saw a classic negative divergence at on the hourly oscillators at the high. 

As far as how far down on the first move, trend support is indicated around 4430 

tvc_0762bc7eef58df1d449646ed4d03dba8.png

This is just the intraday look. For more: Bullish Intermediate Term Omens

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