EJ is in an uptrend.
Chart below:
Price has tried to break down over the past week but the market remains supported.
Chart below:
At the time of writing price is boxed in between the averages.
Should price break up through 131.80, I will look to enter a long position
Should price break down, I will look to enter a short position. This would require a lower low through the trend line and then a pull back.
Chart below:
I will update again should the market decide to move.
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