Tuesday, June 11, 2013

ES ~ Globex ~ 11 June 2013

The futures sold off overnight:

The ES dropped below the lower trend line of the triangle I showed yesterday and then sold off.

There should be some strong support at around 1620ish. If the decline doesn't stop there though, today could turn out to be very ugly for the bulls as the next support area is only at 1595ish: