S&P 500 new futures low

ESH20

Use the 2874.00 major Gann square as the DSP for now, below it look for the 2782.00 major Gann square and 23.6% (2760.00) back to the 2009 low. If this area does not hold you are looking at a much bigger break down to 2350.00.  It will have to get back above and close above the 2910.00 1x1 to do something positive, if so, look for a very fast rally back to test the all-time high. The reason for this is that anytime they make a new low and get back above the previous low they go back to take out the high they just came from and this is 3137.00.