The Bears Have Taken Control

The bears have finally pulled price below the main POC at 4350 (this is still in play). We saw a large move followed by a doji and another large move on the daily, will today be a doji? As I write this we are approaching a bearish reversal level on the daily Informant Pivots. These levels were bounced off of all of yesterday's trading session so I suggest you pay attention when the Informant Pivots speak. Below are some key levels, that, with price action will prove to be important points for price.

Key Levels

• 4323.67- bearish reversal
  
• 4349.59 - a bullish continuation
  
• 4271.83 - a bullish reversal
  
• 4245.91 - berish continuation
  
  
• 4350ish - overall POC for bears/bulls
  
  
• 1.679M in 15-minute Informant OBV - if we blow passed this upward we are in for a bullish day and vice verse
  
• 1.62 - if we cross this we are in complete bear territory