I think with the naked eye, we could agree that the market is seeming overextended. I am getting out of most of my stocks and switching into bonds and gold.
Big drop coming again on 1 minute. Last night I called EURUSD at 1.13145 as a buy, and I said to get at about 1.13500. Worked well :) I expect to see a few hundred pips be taken down. Sell when 1min hits median.
Prior support + 2 important fib levels would act as good support if price were to retrace down to around those levels.
I would like to see this support hold but if we get a close below, watch out for bears to take this ship farther down.