QES will further Pullback

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There is possibility QES will further retrace to near 535 area, the next strong support after it closed within the current strong support zone between 600 and 560 with the slowing momentum.

The best entry price will be between 535 and 540 to take advantage of possibility the price will be pushed up just before QR for the coming week.

Disclaimer: Trade at your own risk.
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Bullish engulfing candlestick formed showing potential reversal to upside.
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