TO understand the US Market today, you need to look back at the overnight trading and the Euro Zone open around 3 A.M. Trading was actually adequate in the after hours. Then price moved down for new lows. LOWS that attract new interest for the bull market. Around 3 A.M. EST price began the revived bull run. We had a narrow gap to the SB near the US open and price moved through the range. BO-5, then BO-10.
We did not break the bull TL that began at the SB gap. Even when price broke the EMA support around mid day, the Bull TL held for new long considerations. When the BO-10 yielded a FBO, PA reversed to the prior level, the BO-5. Part of the BOT strategy.
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