Wednesday, November 12, 2014

Gap Down and Balance

Our high alert stance based mostly upon so many diverged and weak sectors during yesterday's grind higher was dead on,  as a gap lower printed today.

But the relentless responsive buyers were all set to go as the morning balance gave way to an afternoon session around the PIVOT.

That and yet another 12:00 VWAP reversal!

Probably good to go for an upside test for tomorrow, as a few weak hands have been rinsed.

The 5 minute structure tonight really great!



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