- 4H setup is absolutely neutral: Price, Tenkan and Kijun all within Kumo, Chikou hit past candles. Price trades around equilibrium (Kijun Sen) (0)
- There is some possible short term bias, and a medium Tenkan/Kijun (+)
- Heikin Ashi is biased, but for further acceleration candles should continue printing new lows. (-)
- above 3245 and especially above 3290. below 3185.
I have no clue how it will move, but looking at other risk measuring instruments and drivers ( EURUSD , Gold , Oil , EM ccys), I don't see the matrix as too short term. Maybe 55-45 chance that equities will catch up and trade higher by the end of the day, but this is not enough to bet, and we are not gamblers. Stay tuned, place your stop buy and/or stop sell orders, and trade when you see a reliable signal.