Coiling

Today's morning pullback and then a responsive push higher to print a checkmark pattern.

5 out of the last six days have been responsive pushes higher after a morning inventory re-balance lower.

And, as such, we have 7 days of relatively tight balance on our hands.

This market is messing with folks, re-balancing inventory while signaling it's not wanting to go down. 

Unless something is brewing very negative underneath the hood, odds are that it's going to go higher.  

Great day-trading structure today.