SPX Fills Opening Gap

A little in-day management shows SPX fading to fill the opening gap up.

I established my first short position (against Semis) on the opening market bounce but SPX is not cooked yet even as it drops to fill the gap.

spx

The reason it’s not cooked, in my mind at least, is this damn daily chart pattern that I want to go away. Either break it up or break it down, will you?

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