So far, this entire last hour or so may simply be one large bear flag before the next push lower.
I'm betting on the long side, but am not comfortable yet. I wonder if this is one of those days we've seen recently where the market may show some apparent weakness early on which turns out to only be a retracement on a larger leg up.
Probably waiting for the FED now.
you may want to take a gander at the 30 min.. Waldo may be lurking....
