Wow. Sure looked that way. Took my eyes off the technicals and put them on potential sentiment\short covering. An unfortunate mistake. It fought for the 23% retracement but appears to have lost. The rally until 3:38 seemed promising if it would have just held that but that finish looked like it will continue its retracement to the next fib down. Another thing I've been watching closely to possibly go long at is the trend line created by the 3/11 high and 3/13, 3/17 lows (and actually has its origin intraday 3/2) which in fact held on the 1st attempt today and was being challenged at the close. We'll see.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.