Breakdown to the new day low in the next couple of bars then it's an early sign of a downtrend day. The market is very oversold so a rebound should be due in an hour or two though $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=303771#p303771
It's the very first test of EMA20 in 2+ hours, could attract some sellers but I believe a rebound of couple of hours is due, so the "sell" might be the last push down, the rebound now is the final flag $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=303773#p303773