EUROPE wanted their chance to short ES overnight

The 50% HWB short still held and was retested in Europe. Markets double top for a few reasons, not the least of which is that Europe wants their chance to sell major tops. Overnight, they took it up to the 2888 level. I expect that level to hold as we begin to sell in earnest today.

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Market had started to breakdown a bit. Expect to see another down day today after Asia drove a countertrend rally into Europe's day.