Today was a consolidation day ahead of a big earnings week and options expiration on Friday. As can be seen from the intraday chart, despite a higher high midday, we had quite the swoon in the afternoon. The 15 minute timeframe seems to be setting up a Head & Shoulders Top, so don't be surprised if we see more selling tomorrow.Economic calendar: PPI at 8:30; Industrial prod and capacity at 9:15
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