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| Russell Futures Daily Chart |
This is a zoomed in daily chart showing the breakdown (812ish) from Fridays holiday session. Tuesday showed the heaviest daily volume of the June contract... which can sometimes indicate a reversal is near. The bulls stepped up and held that 780 level and have since produced an impressive rebound. There is major resistance above between 812-815... and I don't think a V-shape move back to new highs will be so easy this time.
