Wow, it's already tanking, but I had the S&P up .75% for a hod and then looking down 1.1% from there. But there is so much poor structure from this rally, and the dowsing readings I get are more than one day down and 3.55% from today's high. That'll take /ES to 3894. The date I'm getting is the 27th, which unfortunately is a Sunday. But I'd watch for a reversal up on Monday I believe.
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On /ES next swing high to short per dowsing is 4031.25. We'll see!
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/ES got to 4049, so the 31 level was no bueno.
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Looking for a low on Tuesday
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Since these updates, I have been getting today that there would be a "look above and fail". The advice is for multiple days down. So short rallies seems the ticket.
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Definitely has that "look above and fail" pattern. The energy now is for a reversal back up with tomorrow (Tues) as a date (2 different times) and possible low around 393.69
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