Futures E-mini S&P 500
Short

ES.Short Idea Paths

100
Given the negative news and VX strength this morning, I'm automating bearish for the day unless something changes. I'm looking for some short setups as a result, but don't expect anything too crazy before FOMC. I see two options for ES today, a move down towards the 5300 area, but mostly a chopy day. The other scenario is VX really gets moving and ES actually breaks below 5300 in an extended sell off. I don't really see a world where we're bullish today, but I may change my mind if I get new information. It should be either down or chop today.

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