A couple of quickie things to point out about both yesterday's and today's action.
1) Yesterday's significant negative internal readings manifested themselves in a down day today. Yesterday's afternoon U-turn back to range highs was a fake out.
2) Today's trend day down, was a true trend day down, as a result of a couple of tendencies that are common about this structure: A) The move down is the 1st significant down thrust after an extended up move (Daily time frame). B) TICK moving average did not print above the zero all day on the 10 minute TICK chart from Tradestation.
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