No Rabbits

Written sometime on Tuesday:

Not feeling well and making it a short blurb.

I think that the sellers are in trouble unless they can pull a rabbit out of a hat.

But I do think that sellers could stand up once again to take control -- should they may.

No Rabbits For Today!

Yesterday's fed cheepie look down, minor low, below the multi-day lows was it. Gap higher today had momentum metrics to support a push higher (written all over the wall).

Initial balance look down with no strong negative TICK, reversed, based near highs and POW -- grinder higher to R1 for a nice trade.

The only buyer-caveats by my eye were a to the tick reversal at R1.  Too dang mechanical.  And the late day puke into the close caught my eye as well.

This market has a great shot at grinding higher again, that is unless the sellers can step it up. 3 days of washing machine action shift the odds to the buyers, but we will see.

I will put up the slides later.  Too beat and dealing with not only myself, but family too.

Here later is a few days later!