A key for the above chart to define the horizontal lines and dots. For further explanation, see this link:
breadth- strongly bearish all day, but also Advance/Decline (which of course closely mirrors the S&P) trending higher all day
Took half my long position in the morning for a loss, had I just kept my ATR stop in place the position would have worked itself out. The 5-min chart is using a 'gapless' 3/10macd. I prefer to default to this indicator on large gap days. The up-arrows, representing long trades, indicate entries, not necessarily "triggers" based on the 3/10macd
The following volume profile chart is a bit of a screw-up. I had intended on using red for HighVolumeNodes and Blue for LowVolumeNodes but, as is obvious, I mixed the two up on some instances. Irregardless, you can figure them out:
The higher time frame, though showing obvious criteria (price in corrective mode) it's not very easy to swing trade.
When shorts are slow to cover and buyers hibernate, it's called a 'Bear' market. This just isn't a Bear market. Shorts are quick to cover and temporary buyers feed the fuel to that covering.