My reading of today's action is that the market needed to test a supporting proportion out of the
Friday/Monday comfort zone, in order to maintain a bullish bias into FED (Wednesday)/ECB (Thursday).
The support was found at a -23.6% virtual 38.2 standard fib retracement coinciding with a -50%fde.
Notable is the fact that the break that led to this support happened swiftly just at the cash close.
Realized P&L was €493.