Overnight futures got knocked down pretty hard, one of the drivers I see other than the numerous reasons the Financial media is spewing forth this morning, is the carry trade pairs have lost all momentum including the EUR/USD.
As for the look of futures, ES looks bad as does NQ, but NQ at leasts suggests a small bounce as I mentioned late yeterday in the TBT post, so far it looks like all of yesterday's analysis from 3C, to TBT right down to AAPL was right on.
5 years ago
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