In overnight merchandise we've broken below yesterday's lows inwards both the ES (top chart) as well as euro (bottom chart) futures. In a valid breakout, nosotros should non re-enter the prior trading hit alongside whatever meaningful volume. This morning, I'm watching to run across if yesterday's back upwards becomes resistance for today's trade. Thus far, equally I write, nosotros are dorsum inwards yesterday's hit inwards ES, exactly non inwards the euro. Failure to sustain merchandise below yesterday's ES depression some 1086 would target yesterday's pin marker (see recent Twitter post for pin as well as other cost targets) to the upside.
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