Instruments are responding to their respective 50 DMA’s
Last night it was Spoo & Nasd/Bond.
Mini-Dow/Bond held its 200 DMA.
Spoo would need a print into the high 80’s for a reversal on the 100X3
I put in the Fibs of the channel for grins to get a sense of where the retrace was.
50% of that channel matches up with Spoo 50 DMA.
This is not the way to use a fib!
Mid-Week Shuffle; you know the drill.