Today's gap fill range extension beyond initial balance had both heavy volume and delta -- structure a trader can intiate shorts on without worrying too much about trade location. Yet, daily moving averages brought in responsive buying at 12:00 eastern, driving price back up to the initial balance lows. So you have to be NOT too late to the party.
Today was one of those days where, if you got stubborn, you got run over. A V-reversal off the bottom printed two significant intra-day trends -- both up and down.
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