Is the sell-off in the indices done or is it building up
Murali Sarma of Trade Guidance, LLC - InsideFutures.com - Fri Aug 10, 10:33AM CDT

This broad-based currency weakness with China stealthy move on a gradual devaluation of the Yuan and vital currency pairs like the USD/JPY on a pull-back - what should you expect of the indices next week? Is this sell-off today done and are we likely to squeeze next week? What do you think? Sure, we always like to squeeze into resistance so that market makers get the fills they seek but are you prepared for next week. Here is what we see:

For the index futures - we present a table for where we are bearish in continuation of our playbooks that our subscribers received before 7 am today.

InstrumentLevel that we remain bearish below
ES2851.50
YM25506
NQ7470
RTY1700

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