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So far today is a day that one feels uncomfortable on both sides. At least I feel this way. We will see what will happen next.

If shorts still can't show their power, I may want to switch to look for long soon.

I guess the mini reversal to the upside caught many short a surprise. Me included. Quite surprise move.

No selling pressure, no short here. Wait to at least 870/871.

There may be some truth there. I just want to know more about the timing issue, i.e., why a sudden surge at the open, not at pre-market. Does this rumor just hit the market right at the open? To me it seems to be more like an engineered act. This may go back to Wave's lion theory.

Does anybody has any idea on what's the possible reason for the opening upside spike?

Order not filled at 855.75. May miss the train.

Trick area to play. Looks like a small retracment/consolidation area rather than reversal.

Don't have the ball to short 848-949. It's really a high reward/risk set-up. I always have trouble to short slow and grinding markets. Anybody short 848-849?

Out at 844.5 due to price lack of momentum at 845 resistance area

L 841.5.

Hopefully there will be another push lower. Otherwise may miss the train

It seems it wants to retrace more

Wave, Would you please give us some hint on how to figure lions out?

David666, What's your stop when you initiated the short at 849?

What I mean rare is to describle the temp and pace of price movement in a reversal situation, not about gap closing. Can you find another reversal example that after 2 hours of "reversal", the price still stands at ca. 50% Fib level? Certainly I can't recall such an example now.

Is this a retracement or reversal? It seems to me it looks like neither. If this is a reversal, I would say it is certainly a rare kind of reversal. It is just so slow and so gentle.

Horizontal consolidation means what? Continuation, mostly likely.

It seems that this bounce still has steam to run. Minimum target: 858~860.

This breakout looks strong. Don't want to fade it now.