ES behaved exactly as anticipated to retrace to high 1070s (just above 1080) to then retrace back to 1062. The level should be fought again today, and probably broken at some point. ES should lose at leat another 10 points.
TF is also back to range lows and should lose further ground at least to 592 or slightly lower. Longer time frames may find support near July lows, but bearishness is slowly setting in now.
EURUSD reached our target where it should normally settle for a while… if like TF, bearishness was not so obvious. We can at least anticipate 1.264 to be penetrated today, the next target being… 1.2555 …
( Posted 6 AM UK )
