Still fighting the bias-down.

[pay]Another test of the ESm 1364’00 area failed to extend higher, so the LEI news wasn’t greeted from high enough to absorb selling. As a consequence, S&Ps have probed a new low down to 1359’25, within 1 point of the bias-down target. Also as a consequence, a recovery above 1361’50 would now be appropriate for aggressive trader to consider buying, with a stop under 1360’00. Otherwise, back above 1364’00 through 10:15 should turn exponential to at least attack overnight highs.[/pay]