RTY, NQ and ES all in precarious positions after the AMZN miss sell off. To me this felt more like some bigger timeframe positions being adjusted and stop hunting than it did true Sell. Not that Sell is not here. It could be and honestly we all make very good money if it is. I am just wondering what really has changed. Overall news cycle very Sell friendly. Gap rules in effect. Go with it is does not fill quickly. Triple bottom looking to get cleaned up? Big LVN under it which could pave the way for a 4300 test. Good areas to look for Shorts above. If we clear 4400 and accepted above then they have a lot of Shorts in a bad position underneath. Good luck today.
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