ES Journal - 2012

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Quote from gmst:

1) We are oversold on dailies.
2) There was intense buying at 1005-1015.
3) Again there was good buying post 1300.

So, I won't be surprised if we see another round of intense buying around close and it pushes the price up.

However, the lull after 1405 is not very convincing for a ramp up close scenario.

Question.

Why are we oversold on the daily? :)
 
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