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 [...]

Again broad-based selling from the start but this time once the 780 support was taken down the selling accelerated but at no time there was a sense of panic. Last 2 hours of trading show price recovering from oversold intra-day levels but ultimately failing again to close near the lows. Volume was high and it [...]

The day started gaping up and rallying to the resistance at the 30 day simple moving average (SMA). The resistance was tested twice and the retracement sell off ensued. The day ended in red but almost flat. Volume was high and broke trend. It looks like a normal retracement movement after a large rally. Fibonacci [...]