Looking at the $SPX daily chart it almost looks certain that we continue this move lower towards the trendline (~1180 area).
Looking at the 60 min chart you can see that this 1205 level is pretty important. If we can bounce overnight off the 1205 area we may beable to prolong this horseshit failure on the ES until Thursday. If we can’t (because Europe sucks shit.) then you can see it’s clear sailing to the lower levels. Then we will probably break down even lower and make new lows. Buy puts.
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