Almost 100% measured move down which means another leg down is more likely (the same as the opening statement just now it's more likely to have another leg down) $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=292062#p292062
Maybe targeting the price channel lower boundary and this time the trend line may not hold because the previous time it's already broken, usually worse and worse each test $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=292063#p292063
The rebound here is due to the trendline I mentioned earlier. Now let's see whether Powell speech at 10 am could turn the tide or not. If it could, it'd be a big wow, Fed is so powerful $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=292064#p292064