As you can see, the price swept the liquidity below the previous day's low and shifted the market structure.
Now we can expect that the price move lower to collect the inducement and then move higher.
We can define buy-side liquidity as the first target and the previous day's high as our final target.
Please pay attention: We need LTF confirmation in this...
Today there are many things that could be mentioned about the indices but the simplest is to watch teh red zone for a break or inside action. At this hour I do not have a leaning other than the flag mentioned Friday is still 100% in tack, so will take a strong bullish stance of it resolves upwardly.
