Slightly Bearish

Today we are opening right around the 20 day m.a. We have not yet retraced the fibonacci 38.2 percent of yesterdays down move (1071.75). If we cannot do that, we should continue to drift lower. My next support is 1047.25 and resistance is 1096.00. I will be selling rallies in front of the fibonacci retracement at 1071.75.