The target we’ve been using at 3238.50 (corrected from a dyslexic 3228.50 given here earlier) still looks like minimum downside from here, but also a place to attempt bottom-fishing with a tight stop-loss, especially if you’ve been short on the way down. It can be used as well to ‘mechanically’ short the futures from either p=3329 or x=3374.25, although I am not recommending either trade explicitly until I’ve seen how the little sonofabitch opens Sunday night. As always, a decisive penetration of the ‘D’ support, especially on first contact, would telegraph even more weakness to come.
ESZ20 – December E-Mini S&P (Last:3317.25)
