Hi guys and gals,
We got some "surprises" for bulls today finally. Once immediate targets were hit we started to look for some deep pullbacks ( hence shorted ES1103 area), it came under the excuse of Fed rates hike , ... that is just excuse, market needed a pullback. Now the big Q is if they will rally towards 1110 area first or we will likely flush down towards 1085 directly. Given is OPEX time, anything could happen, but I will play the second scenario in principle.
In any case we will head to 1030 sooner than later so any rally will be shortable IMO.
GL,
