We are opening in 1,4% Gap down, the selling in the overnight was pretty agressive, also the selling tails in yesterday´s range were really strong, so the clues are that serious money at the moment is behind the move.
Overnight, we have selling singles between 3354-3361 and the overnight POC is prominent at 3343, for that reason, i am looking for shorts under 3354,5.
The other level we have to watch is the 08052020 Gap that is not filled yet , if it breaks the other target would be the 08032020 Gap, and this point has to stop the selling because if it breaks the panic is going to take over the market.
Overnight, we have selling singles between 3354-3361 and the overnight POC is prominent at 3343, for that reason, i am looking for shorts under 3354,5.
The other level we have to watch is the 08052020 Gap that is not filled yet , if it breaks the other target would be the 08032020 Gap, and this point has to stop the selling because if it breaks the panic is going to take over the market.