Yesterday's failed breakout and brief liquidation stopped in it's tracks at Tuesday's open, 2353.00. The day balanced from then on and left value overlapping higher to the prior two days and settling at 2262.75, +1.75pts and volume of 1.5m
The breakout at the open failed and the liquidation move lower failed to hold the 54.50-55.75 support zone and just touched the zone below. The drop left a lot of single prints early on and without continuation to the downside the odds are good that these are at least attempted to be closed intra-day. We eventually saw a move back up to initial resistance late on and then back to vwap for the cash close.