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Magnificent Seven Advance Pre-CPI, We Have Seen This Dance Before
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The ETF buy programs and buy stops have catapulted the ES to new highs. I don’t think many people expected this, but this is what happens when traders are short and complacent in slow, low-volume grinds. Is the low in for October? Usually, the ES puts in a power move from the 8th to the 10th of the month or by mid-month