Bias-down, but trying to bottom.
[pay]Lower lows through the noon hour are testing ESu 1282’00, where MACD & RSI are trying to diverge positively. Buyers were unable to exploit a similar setup this morning, so they’re less likely to exploit it this afternoon, but any uptick or blip-down should be taken seriously.
Back above 1285’00 would serve as a buy signal targeting 1289’00. Otherwise, new session lows through 1:30 would confirm the drop’s momentum, likely to extend down sharply through the next hour.
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