If it's in distribution phase (higher TF), then it's probably...

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    If it's in distribution phase (higher TF), then it's probably going to have to go above ATH first (385.5). I can't see it moving down before grabbing more buyside liquidity above that level. It might, but I doubt it. The top hasn't exactly been textbook so it's hard to read.

    Inflation news at 10:20.
 
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