However, we were -34pts...around the sp'1410 level just earlier...
sp'60min -
*for live data see the usual links on finviz/forexpros...
KEY THRESHOLDS...
the previous low 1413 - taken out just now in overnight futures.
Critical low - 1398... that requires sp-47pts or so.
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UPDATE 8.44pm , it seems the ES mini actually hit 1391....so thats a further 15pts lower...
So far then, we're taken out the 1413, and tested..precisely (I think) the 1398 low from Dec'5th.
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sp'daily - updated
So...to keep in mind tomorrow, the big 1400/1398 zone.
After that, its the 200 day MA @ 1389
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9pm update - I guess (was never quite sure) ..the ES has a limit down of just 50pts ?
So, if the close was 1443, did we actually hit equivalent of 1393 - the lower bollinger on the daily?
Regardless of the exact number, we just saw a massive drop on the ES, and the 1400/1390 area might be a key level to keep in mind for Friday.