Above is an hourly chart for the past ten days.In eight out of the last ten days the market has sold off in the last hour. Doesn't that strike you as a little odd?
The first of those ten days, the sell-off was minimal. But the previous hour was very strong to the down side.
This looks to me like knowing participants selling off into strength.
A sure sign of "smart" money distributing to "dumb" money.
Such judgements are always highly subjective. But I'm offering them for what they are worth - worthy of consideration.
If the market does start to slide to the downside, then the warning signs were there.
Cheers
Red
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