Look at the ES daily chart ... the perfect timing of the news is a unbelievable level of corruption I would say we test 3150 to 3170 by the end of the week
It's debatable. The short presented itself this morning long before the news was released this afternoon. Perhaps there was chatter about it or it leaked. Best to just focus on price patterns.
Zooming out a bit - we're still in a large trading range in this zone here on the daily. The 23rd of September was a nasty down day, too, but we rallied all the way up here from the low on the 24th. Should be interesting to see if we get continuation to the down, but I certainly think it's wise to be prepared for the opposite too. The only thing which is certain is that we're getting quite large ranges to play for the rest of the week. Personally, the volatility as of late have been perfect for me. I hope we don't get too big of an increase in the weeks to come.
Tough to make predictions on such a limited sample size, but the last 2 times something similar happened the next day was a decent up day. So, if price agrees, I'll be looking for longs tomorrow as long as we don't open below 3340.