Price extended to a 25% projection outside of the overnight range, but otherwise remained inside that range.
A key for the above chart to define the horizontal lines and dots. For further explanation, see this link:
Advance/Decline and Up/Down volume remained bearish throughout the day
One trade is all I took. Contemplated taking a short (indicated by the red down arrow at around 10:15am). Very lame exit on this long, as my target was $145.80 but I stuck with a Fib. projection exit and gave up on it instead of letting it go into the final hour.
The daily looks fairly weak at this point. Since the new momentum low at the close of September a reaction has been pretty subdeud.
Not to mention what looks like weakness in other markets;
The DIA with an inverted roof pattern. A break to the downside has a measured move of around the 50-day MA (red):
QQQ - Has a bit of Head&Shoulders pattern, currently at the 50-day SMA and neckline support
IWM - continues in a very narrow channel
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