Nice overnight sell action going into RTH. Currently 64 holding as Support. I anticipate some level of shake out for weak handed Shorts. Everything is so incredibly weak, RTY NQ and ES, you have to be looking for Sell The Rally mode. However, also expecting some reaction from Dip Buyers. Obviously go with Gaps that do not hold but I cannot get involved Short without some level of rally. I simply do not like Selling the ES under and scenario other than huge volatility and we will have to see if that is where this is. Initial thoughts are to sit the initial hour and let the market tell me what it is doing rather than guess and get down early.
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