Here's your afternoon Broadcast from WOWS

http://www.youtube.com/watch?v=W4yIxIhO23c

Appropriate song title too. As I said last night, $113.25 would be the area or higher I'd like to see to fulfill the false breakout, which was to lead longs into the market and shut the door in their faces.

Negative divergence on 1 minute 3C-this is the area we see market maker activity, may be shifting inventory/naked shorting.

Remember, last night-$113.25-that was a somewhat arbitrary pick, but $113.29 is our high. The breakout above the neckline seems to have done what I hoped and drew in longs. The volume above $113 thus far has not been solid at all, there's a lot of red there.

We'll have to wait and see of we get a sustained break/with a failed retest of $113. That can set up a very fast downside move-kind of the opposite of a short squeeze, a long squeeze.