PRE-MARKET
Ticker: J200 or SA40
Broke below the 21-day EMA with poor candle structure on the daily candle.
The 50-day EMA will be a next focus area for traders looking to capture a potential intraday rebound (monitor the 5, 15 and 30-minute chart time frames as evidence of a change in candle structure from very bearish to neutral).
Lester Davids
Analyst: Unum Capital
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