The frame above further confirms these target levels using hourly OHLC increments
the chart above illustrates the monthly FEV that much more strongly, and shows the weakness going forward into Monday from Friday's close on the Monthly EBD (echobackdate) basis.
/ES QEV FEV: A KEY PRICE LEVEL FORECAST ECHO GUIDECHART
The above chart further illustrates the weakness going forward into Monday from Friday's close on a quarterly EBD basis, should the Monthly trend weakness continue.
ES: Expect an initial test to at least the 1340 level on Monday, then a test sometime during the day into the 1332.5 level
YM: Expect an initial test to at least the 12750 level, with a potential test to the 12625 level sometime during the day.
"Were keeping watch for you"