Since yesterday afternoon market has been selling off, and continued during overnight session.
Overnight session market tested yesterdays RTH session Low twice and sold off and each time was more aggressive than the prior.
Need to see a test of yesterdays Low before deciding on direction.
Level to watch 3112 ----3110
Report to be aware of are:
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Minutes
2:00 PM ET
Overnight session market tested yesterdays RTH session Low twice and sold off and each time was more aggressive than the prior.
Need to see a test of yesterdays Low before deciding on direction.
Level to watch 3112 ----3110
Report to be aware of are:
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Minutes
2:00 PM ET
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