Bias-down target met.

[pay]More new session lows just fulfilled the ESu 1265’25 bias-down target. The question now is whether a lower target at 1255’00 can be put into play.

It’s too late to avoid signaling bias-down. Back above 1268’00 through 1:30 (now being tested as resistance) does take away some of sellers’ traction. New lows through 1:30 would confirm the decline’s momentum remains intact.

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