Nice patterns today. The trade of the day was to fade the gap fill and then a minor high peek above yesterday's range highs and 1700 zone.
The mid-session base then gave way for a look down of the morning session lows. There were a host of clues that the breakdown was coming, not the least of which was the minor high above yesterday's range highs. Small caps were severely diverged lower and breadth in general was weak. Descending triangle pattern too boot. All great stuff.
Market is spazzing around after hours so far on news. So far up. Any good news and the trend higher will get bought hard is my best inclination. But that's a hindsight observation indeed!
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