The ES was already down over 1% this morning following weak PMI Data in Asia and Europe. Upon disappointing numbers regarding the US Employment report, markets plummeted with the ES falling more than 12 points in less than 2 minutes.
This negates my bullish sentiment regarding a bounce to 1350 ES. I am wait and see mode now to see if the market has continued downside potential or if support can come in now after a pierce of the 5/21 low.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment