Bulls are charging...will stay on the sidelines...

Exited the trade 10950...lost 20 points...not a good location to put a trade...

It's a very volatile open, wider stop should be applied in this kind of market...

Sell short at 10930 with buy stop at 10960...

The market is descending as can be seen from this 5-min. chart.

It might be a sideways move all the way to the close and/or a possible short trade.

Either way is the trend for the day.

Long trade might not be workable.

Let's see how it goes.

The bulls made the last effort to conquer the rallying bears before the close.

It made a dramatic "V" pattern forming a victory for the bulls.

Though it did not finish/reach the previous high, but at least the market has shown a significant response.

Checking back the market two hours before the closing seems like yesterday.

It went down the hill after it surge in the open.

Bears are out there roaring in pandemonium.

Let's see if the bulls can fight back before the close.