shorties gotta cover and DEMTDAYBOYZ smell green. Let em work that IHS on the 5 minute and 18 on a squeeze is the agenda. projection is 25 but 50% is around 18 on the down move.
In a daily downtrend, GLOBEX lows generally don't hold as a swing turn. In a daily uptrend, GLOBEX highs generally don't hold as a swing turn. Today's GLOBEX high was irrelevant in a daily chart as it lays middle of yesterdays' range. The GLOBEX low on the other hand stands out as the low for the week in the same chart.