How about a gap sandwich for lunch?
The NYMO cycle remains down, but it looks like it might be trying to paint a higher low.
Time will tell.
Pricewise, we are in a narrow range day so far with gaps right above and below.
The bots will probably find away to tag both while extracting money both ways...
My blue/orange ascending wedge was broken intraday, but not on a closing basis.
I have now also started tracking a purple/green triangle.
There is a big move implied in both those patterns, but until breakout things are trendless as Bullbear mentioned.
One thing to be mindful of is that October is known as the bear killer.
It has a way of being scary during the month but finishing strong.
I am short the R2K with a runner position that remains a hold for now.
My SPX short runner was profit stopped by the recent pop in a kinda sucky exit.
I have a long setup percolating for SPX depending on how things unfold ahead.