Could be. I was going to mention the sell wiggles on some indices (3-straight daily doji's) the other day, but they have been kind of mixed in their results. It may have been only good for 1-day of down like the last time.
I was anticipating an intra-day low today at the lowest 2153 COMP. We exceeded that a bit. We'll see if that holds or this is the start of something bigger as you think.
JJ -- before ya short, is it possible that this move down was a C of some flattish thing that built over the last few days? Or more to the point... wouldn't shorting a break of the lower wedge line make more sense then shorting this bounce, since the bounce could start the move up that you were, until this morning, looking for?
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