An Intense Final Hour Look

Since making a late-morning low, the major indices have been grinding back up to the post gap-down highs after the opening bell. 

On the IWM, ETF for the small cap stocks in the Russell 2000 Index, for example, note the subsequent lower highs but higher lows intraday, seen below. We may not get resolution to this pattern today, but it is worth keeping tabs on as a pronounced triangle pattern near its apex now. 

Bears can likely press into the bell with a push below $109.75 now.

We are also watching the gold miners to see if they can put the cherry on top of a strong session with a close over $14 on the GDX ETF. 

See you after the bell for the full-length video recap for Members and the short one here.