So far this looks like a setup for a second down leg possibly even starting tommorow or early next week, however if we see some aggressive bull runs at resistance than this theory goes right out the window. So far a short term bearish picture remains intact, but the problem is, was todays lack of interest on the upside natural, or was this some sort of anomaly due to Sept 11. Tommorow should confirm for the multi-day players, as far as intra-day today the only play I took was short near the end of the day... patience is a virtue!
Goodluck,
-TD80
Goodluck,
-TD80