The bulls should try to support the e-minis at 1853 — a smaller scale .618 and channel midline.
But, SPX also has support at the .500 — the midline of its rising red channel.
USDJPY should seek support at the white .500 at 102.48. If it fails, we’re back into 102 watch mode — with the .618 at 102.18 as the most likely target.
If all these .618’s don’t hold, things should get interesting real fast…