Stock Market Relief Rally Completing
Looking for SP500 futures to top out between 2725 and 2740 zone. If you're convinced there's more downside coming in equities, this would be a very good area to consider getting short. Midpoint (50% fib level) is circled. If market is very weak we may only touch the 23% level and turn back down. Gold bottoming around 1226 at the same time as ES hits these resistance levels will add confidence to this setup.
