A very slow and choppy trading day. The starting gap up was closed to yesterdays’ close and then the price battle moved to the 825 battlefield. Every tick or move down was answered with an equal tick or move up and viceversa. Financials were expecially contested with a narrow channel for most of the day [...]

Market opened higher then quickly bumped on yesterdays’ high twice (Third time 825 level acts as strong resistance in 3 days) and followed with a crash dive pass the 800 resistance to the 790 level where the 50 day SMA rest. At that level a very strange clean V-shape profit-taking rally extended all the way [...]