1800 Liquidation Event

The programs sure are cute.  High of the day today was 1799.75 and that was all she wrote.

The morning 7:00 look down, and gap fill minor low of the fill zone, was the long entry trade of the day, and classic bull market structure.

But the pushes higher could not get above R1 and a 11:30 liquidation event ensued.  The test and rejection of the whopping round number 1800 was the program's trigger in my opinion.  The really obvious references are what the program's love best.

Going forward into tomorrow, afternoon liquidation events are considered bullish for the following day.  Just weak hands getting shaken out.  But as I always say, a ball buster downside push is way freaking overdue.

Is 1800 reject going to get follow-through?