ES currently down 10 points in ETH, I don't think we will get a follow thru on yesterday's reversal if we open at these levels, another dump to low 30s would be more likely.
L66. 5 pt stop.
1370 (SPX) = 2011 highs = the point we broke out of in March. Should not punch thru this that easily.
Edit: Reduced stop to 2.5 points, 5 pt stop is too risky for this trade.
I think people were expecting much worse numbers since the market had already sold off yesterday ahead of the numbers, but these are bad numbers nonetheless.