This correction is far from over and we should get a good rally today. Overnight the ES has gone from 2810.25 to 2888 area. I would expect this to end quickly with the major correction finishing off the week.
Comment:
We go the bounce but stopped out and will re-enter on the test of 2900 - so fre 2899.50.
Comment:
Waiting for the dump which could happen by COB. If in this one, lock in profits moving the stop better than break even. Should continue down for the day or maybe into tomorrow.
Order cancelled:
Standing aside - market is not moving down as expected and may move above 2900 on the SPX again.