Bulls got caught with their hand in the cookie jar here. New lows would be interesting. It was a bit of a tell that no key levels on either of the indices held on the way down.
A break of 4315 and its big air down below... question is will it get there in one day or multiple days? Bumps along the way to 4230, minimum??... 4296-4300 for the obvious reason. 4280-4285 4260-4265 a significant naked POC area on the way 4230 volume profile target. Then its monthly, quarterly, and annual charts for clues.
Stalling at yesterday's LOD. I think it's what @schizo would call a trap. Watching for new lows or at least a test of the LOD.
It was if you sold at the top... No idea what he said, but seems like ME news is overshadowing that for now.
Nailed it. Satisfied with today as I was flexible enough to switch gears near the HOD - even if I was f''king bullish at that point and watching for new highs. The 1st clue was that we stalled around the Open - particularly on NQ. The swift reversal of the Open on NQ on the second attempt was the next clue. And on the way down key levels were as soft as butter facing a hot knife.