The morning low at 9:00, right at S1 and minor low of the overnight, was a reversal trade -- magnificently confirmed with a multi-day low IB volume print and a momentum transitional structure. In this grinder higher, if any downwards inventory adjustments don't have any volume support, then they are clearly suspect. And like clock work, the programs bought the minor lows at the reference zone and took it back to range highs.
And a straight shot from lows to range highs like today with mostly neutral sediment and low volume was a spectacular late session reversal short.
