Bearish U.S Open

Equities recovered throughout the most of the Asian and European trade today (as the PBOC cut the reserve rate) but the cash open on Wall Street is negative again. Notice a bearish engulfment that it's being formed on the m30 interval just below the Moday's opening and from a point that  was a local high yesterday in the evening.

 
We are awaiting a flurry of the US data within the next 20 minutes.