The daily 33 moving average was a significant visual cue on the daily. And may well serve to trigger an up auction with follow through tomorrow...
Still, Friday's liquidation bar was filled but contained the up move.
So we consider the mini down trend we have here intact -- for now...
Both sides have a chance to take control tomorrow.
The two intra-day screen shots feature the morning LOD, then the breaking point just before the afternoon program buyers took control back to range highs. Today was a very nice day to example just how tricky intra-day patterns can be without zooming out and handicapping multiple structural cues.
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