IF

ES is currently down about 4, perhaps couple more ES points will be enough to open SPY below the green channel tomorrow. Can they save the sucker this time?

Last time futures started falling towards the channel bottom overnight, they ramp it on Indian market news later in the morning. I cant see any excuse left do you?

IF SPY opens below that channel, it will trigger some selling from the get go. Those who were asking for volume... we also got some volume today, which came on the downside.