Sorry for the late start ... Sun evening is always busy.
Anyway, the down leg from last Fri is still going, let's see whether FOREX can tell us any hints first ...
EUR has pulled back to the breakout level, sort of a key time for bulls ... Will ESM work as planned? Will Spain finally agree for a rescue so ECB can buy its bonds?
ES is so far so good ... at least above the breakout level.
However TF failed to break out, in fact it might have failed to retest the previous high since Fri's spike nicely touched the dark 0% fibo, which is the peak in the spring ...