Spu’s & Nasd 100 have come down to test daily ORL levels.
Pit session Spu and All session Nasd stops were elected.
The brake came out of Europe. Their equity markets clearly are not enamored with today’s FX move.
If the Spu weaken late anything into 2800 or below would put in a reversal on the Long term P&F
The Nasd 100 has already put in a reversal.
It will be an afternoon show with many participants looking at this as a Wednesday high for a good sell off.