And That's Why We Always Need Confirmation

The IWM target was hit earlier for a possible add-to call position, I didn't because of the Q chart I didn't like and because I wasn't seeing strong signals of accumulation on the stop run, since we have moved lower.

However right now there's some swelling volume on some candlesticks that are looking similar to hammers, as if they found support in some areas and the volume looks similar to a mini capitulation event at least on an intraday basis.

The market did follow HYG lower as well so it is still in play with some algos.

In any case, the point of the post is, if we do in fact have a mini capitulation (selling climax) intraday, this would be where intraday 3C signals would start to improve. If that's the case, then I may again be looking at adding some call positions or leveraged longs, but only on confirmation.