The move has been stunted for the night. capped by 610, I think we will test the 500 level again. this little bull run was too steep.
I actually did sell some, hard to believe it has steam to raise above 600 now. The train is not leaving anybody, but the tide has turned. 500 here we come!
it was a decisive point. it is touching some very important short term averages. If it cant pass through those effortlessly, then the panic is not resolved.
when the curve goes exponential and stalls like that at resistance, it is left very weak....