Looks like the initial targets for our analog should be set up by today’s currency and futures action — a day or two late, but reassuring all the same.
Yen and euro strength and dollar weakness are accompanying a 20-pt ES sell-off just like the good old days. Why? Crude light trading on Globex is closed for Good Friday, so CL is out of commission. DX is free to plunge without igniting CL and, thus, ES.