After the 0930 ET open, Financials was showing strength relative to the rest of the market. This increased my confidence that the market may bounce to the upside, and maybe test yesterday's low or 5-minute Pivot Line. However, the market could only test the overnight, low pivot, and the VWAP Line on the 620 tick chart which starts at midnight ET. Currently, the first hour low is now resistance.
Charles
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