Market opened with a gap down and then tested the 825 support/resistance level but failed to break through upwasrds. From there price trended down and late in the day another unsuccessful charge up ended on a step sell off to close almost at the LOD. VIX fell 1.32% on the day which makes this “change [...]

Market gaped up again and rallied to new highs at 845.00. During lunch time 12:30am-02:00pm price reversed to lower levels but always remaining well above 825.00. The move followed with a quick rally to try to test the HOD. This move failed short of the target prompting in the last hour of trading a profit [...]