The morning moved down was too fast into quick, and just before 9 o'clock the V reversal ensued.
Shorts were in the hole and there was not even a sniff of any desire to short the up move. What I am upset with myself about is that I found it really hard to go with the move up with the worry that it would retrace. And this was an invalid analysis simply because the market was so caught short.
We see what happens tomorrow, I have no real call to make, but it's for the buyers to lose. The swing move higher on the daily is a free for all now.
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