So far so good

Finally bulls had the expected bouce and even surpassed ES1056 area. But as they didn't close above ES1060.5 we still can expect the continuation of the bearish move towards ES1028. If 1060,5 is taken out tomorrow then the target for longs is near Es1090 uffff!:)
Regarding GS setup obviously was bought today but as well as SPX bulls have not yet crossed the key level so bearish stance remains.

We will be looking currencies tonight for more clues on tomorrow action but bears need ES dropping below 1054 quickly to maintain hopes healthy



As another proxy you can use is QM, which is serving us well as indicator. Now we have clear references for the ST: