That was a thought I had yesterday at the close. The bounce was defined as needing to break up the flag patterns, to create a "scary" move, of course there's the qtr. end stuff and yesterday it closed about a half a point above the target I published last week. So yesterday's gap up with a rather small bodied candle looked a little like an exhaustion move, market breadth would support that theory, as would volume.
Exhaustion gap?
Rounding top?
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