Short In The Hole

Nice little gap up today and some nifty morning buying drove price up to the lows of the previous balanced zone on the daily. Imagine that?

And then it as the session was a snoozer.

Our assessment yesterday was correct that the market was very short and the mechanical low of yesterday was a  major flag to indicate a potential short in the hole unfolding.

Jobs report tomorrow will whip things.  If no punishing downside, then my radar is out for this market to potentially start grinding higher again.    But that's getting ahead of myself.

I want to write more about Dr. Brett's tweets, but have been too busy helping others and healing from the surgical chop shop!  Geez!