Emini S&P Dec 13 did continue lower breaking 1794/95 to reach 1789 but bottomed above our buying opportunity at 1784/83. We are now testing resistance at 1794/95 but above 1798 is more positive & can target 1803/04. We should struggle here with a high for the day likely but shorts need stops above 1807.
Failure to beat 1794/95 sees 1789 then yesterday's low at 1786 before a buying opportunity at 1784/83. However if we continue lower next target & buying opportunity at 1774/72 & a low for the week is likely here.
Weekly outlook: If we beat 1813 look for 1818/19 then 1823/24. Good support at 1795/94 then 1783 this week.