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Thursday July 2nd
Today the sellers took charge and held control within the order flow bias all day long. Significant quantities of LONG inventory was neutralized during the sell-off today, as those holding LONG positions entered previously (past weeks) have been taken out. Tomorrow is Friday with CME holiday trading schedule in effect for the 4th of July weekend. I will monitor the market as we trade into the Sunday night after hours session after a holiday period for Friday. I am looking for additional selling in the days ahead to take this market down to the Delta Zones of support below current price levels.
Video 1
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