We got the grinder down today. Volume was low and pace/tempo lethargic. It's rather rare to get a downside low volume double distribution structure like this. It's really just an inverse upside check-mark pattern.
After three days of low confidence downside action, the windup for a reversal builds -- especially just under the 50 day reference. But, the 60 minute is in a definitive downside channel. Mess with that, and you just might find yourself wishing that you were in a different galaxy.
May the force be with you.
Odds are for a look higher tomorrow, at least that's my take.
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