Markets decline around the world. FTSE and DAX both down over 2%. China economic indicators revised downward. Euro drops more and dollar rises as safe haven currency.
I know I said I would be looking to get long at Gap fill (1050 on ES), but any longs will be scalps for the most part. Timing will be key on the longs, I will feel safer with short entries. We'll see how the day progresses...
Support at 1050, 1042, 1037, 1032, 1024 and 1012
Resistance at 1059.50, 1063, 1067 (or 1069 at this morning's gap fill) and 1080
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