ABCD to 1.1185?

This is just churning on those spots, rat. It may roll down, but to me it's just building up energy to break out. Drat.

It's acting like that upside blowout is imminent.

And there it is.

Just about 35K volume on that last 1-min bar, that is the highest I recall in as long as I can remember (outside of those crazy, don't move the market closing volume levels). Goes to show there were a lot of stops this time. I could just see this coming...

Of course this is all timed exactly with the release of the Fed minutes.

Now give it all back? Then up again?

Okay, it's all given back.

I'd love to say swooooooooooooooooooooooosh down now, but I'm wary.

So...watching for the next leg up to start.

And here comes the leg up. Yawn.

This is some funny stuff.

http://blogs.reuters.com/breakingviews/2015/10/09/the-devils-dictionary-of-post-crisis-finance/