Shorts got it in the teeth today.
Tight intraday range. Buy the minor low and sell the minor high. But honestly, I thought that they would extend the range higher today but they didn't. I thought the overnight highs would get tested -- but they were not. That's a flag to notice...
Slight tail on the daily. We are pretty much smack dab in the middle of the range now. A failure tomorrow should have some teeth in the move as newly laggard longs will have to bail.
For now my bias is higher.
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