No specific reasoning....mostly an observation from today's lack of PA....We are 2% from ATH....we traded in a +/- 10pt range all day...just feels like it was a good area for a fund to take a short position....but like i said, nothing factual, simply sharing what i think and saw from today.
Just taking a peek-a-boo at the overnight's (for me) price action and Nasdaq is subtly peeling off while Dow & SPX are slowly climbing. There's a lot of interest in the Metals atm.