The bears are were able to show 3 consecutive lower low on ES Futures
The bears are were able to show 3 consecutive negation of 6900 on NQ Futures
The bears are were able to show a lower low after a test of the 26000 area on YM Futures
If bears were in control, the indexes would be already at or below the 50% retracement of the YTD performance. ES is finding support on the above the 38% Level
Bears started selling Asia and EU and while the US session they rebalanced large portfolios.