S&P 500 Futures
There may be a little leading diagonal down in ES today that completed on the minor new low around 12:40 Eastern. That implies a choppy bounce this afternoon. Bulls probably hope there is enough ambiguity in the form to allow a push to a new high on Monday as ES held above the gap fill.
Just a quick snapshot from my intraday workspace of the Dow Futures which was just short of filling the gap.
Bonds
ZB has bounced a little more than I would like but I wouldn’t say my theme of a new swing low is off the table yet. Best for bears to keep ZB under 120^03. If I’m wrong, the wave one of some degree is already set and this is a wave two bounce.
Crude Oil
CL bounced to the 20 period EMA on the 240-minute chart before acting heavy again. I lean to another low to complete a small impulse.