THE GAP!

Volume and volatility were up today.  A 19.25 range was actually very good for this market regime!

The morning push up failed, and it was clear that the buyers were mechanical in nature as the HOD was R1 and right at 8:00.  It also failed to test daily job report excess highs.

And from there the day printed an inverse check mark, closing near the lows.

All-in-all a very low confidence sell day, and the day offered up a few nice counter-trend bounce entries.  The trades of the day, turns out, were to sell R1 and then buy S1, as the programs were firmly targeting the pivot levels.

All BOW: "THE GAP" is looming right below!   You could almost feel the collective groan as the entire world was under it's spell, watching it today.  All can SEE and FEEL the cosmic pull of "THE GAP".

The gap gets tested in some fashion, either in the overnight or day session tomorrow.

Or I'll eat my hat!  (The last hat eating call didn't go so well!)