/ES Inside candle ST low 3735.25

By ZeroSumGame
First day of the week action is below 1 week low and close with a declining 5 SMA. Sell rips.

Almost 10% since the breakdown on 6/9.

Fed meetings this week with the markets pricing in 0.75% rate hike.

Bitcoin is at 22K and Eth at 1.1K.

Things are getting liquidated. Wait for Margin Calls and capitulation.

Play defense. Need to digest the recently 10% down rip.
Technical Indicators

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