MORNING UPDATE

I've never seen a gap that was as doomed to failure as quickly as this morning's, I feel bad for any momentum traders who went chasing it, no matter what happens the rest of the day, I'm sure they were forced out of their day trade positions in short order. 3C showed the gap never stood a chance-pure distribution right on the open.

 DIA 1

 QQQQ 1

SPY 1