I don’t think the Emini bottom is in quite yet. I think we’ll have another pass down and test Tuesday’s Lows. We’ve still got a little time to run on the daily Emini chart before a cyclical Support is due. And we should also get a blue Professional down bar, similar to previous Lows on the daily chart.
But after almost 100 points down the valuations are getting to over-sold levels. Here’s the indicator I use to follow the flows between Equities and Bonds. And you can use the same indicator to follow the Yen Carry Trade.
Good luck with your Emini trading.