Hello Perfect Swing Day Structure

Last night you said: "I am of the opinion that the push higher is in the cards still, yet am cognizant of the fact that two days of basing action could be of the continuation lower variety."

Wednesday you said: "Quite amazing daily minor low today -- trade of the day.  This sets the stage for buyers to take control. 

Nothing that I have seen so far over this year indicates a total market breakdown.

We were wrong in our assessment yesterday that buyers would take control. BUT, selling today was so utterly low confidence right into the daily zone, and a vicious buying ensued at 11:00.

We think higher from here.  If not the market could actually be toast." 

So when you noted the overnight session print a minor low and reverse: 

That was something to note as the regular session opened. 

Let's now note the daily as we dive into intra-day slides.