im not saying that it cant happen however i just dont see it happening today. there is just 2 much selling pressure out there.
The 868 banjo string formation effect, if we engulf the 868 area on a 15 min, look out for new lows. Shorting 88.50-92.25, test the 68 again? Short 1. Stops and exit on 5 min pa.
Bot 5 @ 874.75 868 held Closed 10 @ 890.25 Still not out of the woods. Rallies are being sold. We got to clear ES 926 Will look to scalp longs on retrace to 868 to 874
Seems this is again setting up for the 3:30 plunge, marging calls and hedge fund dumping unless they can somehow get this thing alot higher. Not sure how but anything is possible.