Shorts were triggered in ES yesterday morning. The fail of 5777 was the signal with a target of around 5740. We lost 5777, sold off to 5740, backtested 5777, and sold again. Bears are in control for now until that 5777-82 area is reclaimed.
As of now: 5738 is support and the last chance for a bounce (targets at 5763, 5778). If 5739 fails, 5729 and 5711 is next down.
As of now: 5738 is support and the last chance for a bounce (targets at 5763, 5778). If 5739 fails, 5729 and 5711 is next down.
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