Indications...

 As far as yesterday's line of thought at 3 p.m. went, I was considering a move down today below the bull flag to entice shorts to enter and be trapped in a squeeze, is this morning's dip enough on big volume? I tend to think not. The market is about emotion and that's why we see such extreme swings in the market.

 This is the FXE (Euro ETF) and this is a leading positive divergence with a negative relative divergence inside it, this is what gave rise to my theory of weakness today to set a bear trap.

 The FXE 10 mn chart is also leading positive

So is the 15 min chart. This would be considered an equity positive environment  should the Euro rally as some indications are showing us, which is part of yesterday's short squeeze set up thesis.