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S&P 500 E-Minis Through Friday’s High


S&P 500 e-minis have extended through their Friday peak, showing as high as 4,173.25 thus far, likely aided by the previously outlined roll back of some COVID restrictions in the Chinese cities of Shanghai & Beijing, with the former also receiving a round of economic support measures. Technically, bulls now look to force their way through the 50-day EMA after Friday’s clearance of the May 9 high strengthened bullish conditions.

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