It's still only 9:58 PM in the futures, but the 15min and 30min charts developed a Head And Shoulders pattern. Current outlook is ES decline to 1001 and if 1001 breaks then 996 then 992. If 1001 holds then 1008 re-test and then 1010, 1016, 1025/50.
Let's see what happens during the next 11 hours, still a long way to go. Right now, the bearish case to 996 is what I see.
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