Very odd, low-confidence double distribution formation today as the entire morning balance gave way to a downside breakout that closed almost on lows of the session.
18 handle range with vix up.
But no volume increase.
Utterly neutral advance/declines.
No program tick readings.
Just bullshit grind that I firmly expect to be re-traced -- if not tomorrow.
But...
The daily Reversal zone is just above. And it could user in more selling if the down trend catches an Ask-trend. Plus this market has a tendency to feature creeper sell days that are setting a new paradigm for downside market structure.
And screwing with me.
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