I thought the market might get some legs last night but the sellers at present have control at price 1677 and above, which is a 1/4 extension level on this contract (level previously sighted as a possible lower top target on s&p500 cash index)
Here is the 30 min and coming to test the important 200 sma again..
Another angle. The daily and an outside day. No upside follow through would give a bearish tinge to the picture here imo, althought the usual outcomes from sure bars aren't happening atm, unfortunately. Note the blue channel line still in play.
And a close up of the blue to see how price is moving relative to it.
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