It's a new week, and the futures look like another bloodbath. Currently 3 hours to open, and it's down 1.5%. The question is when will respite come. In the past month, it has maintained it's RSI oversold status, and currently is sitting a few points higher than the previous oversold extreme.
Now that the 700 mark is clear, the next run will be to 600 before a significant rebound is made.
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