Yeah, I've been looking at the NinjaTrader charts ... very good on price action ... I'm seriously thinking about investing time and energy into them (but I spent years getting my QT charts to where I want them).
Yes - btw, this is called what I call an "inventory grab". You see how right after all the stops are run there was initiated selling to put the new short positions in the green.
Sellers use the stop run area to rid themselves of LONG positions to weaker hands while building up a new short position for a directional change in price - the 1342 area to 1341.00 was sold to create the price directional transition. 1341.00 on up is the short term over/under resistance now out of the open - sellers will need to defend 1341.00 up to the 1342's for there SHORT positions to hold. As you can see, the 1341's were defended once so far out of the open and we have since had additional selling.