Price Higher / Momentum Lower

Just another snoozer-grinder type of day.  But I think what was interesting about today, was that it pulled it off on significantly lower momentum.  And that's the stuff that can trigger a reversal.

Today felt really mechanical and full of laggards.

But as we said yesterday, the market didn't go down, and now the highs are within spitting distance of the programs to reach for.

I think that some sort of downside test is in the cards for tomorrow based upon today's structure.