It’s all about USDJPY, today. The flag pattern completed as expected and the pair has broken down from the white rising channel, plunging to 101.53 so far.
Most of the action occurred overnight, so the impact on ES has been muted. But, there should be more downside after the latest backtest completes. The .786 at 1864.99 would make for a good target once the .500 at 1871 falls.