**NOTE**These are one trader's reflections. At the level I am at now I tend to try to find rhyme or reason in what the market does throughout a day. More often on days where I was either on the wrong side or the sidelines. I hope this understanding of mkt action will help me be aware of it in the future.

I would love to get some commentary on what some ppl thought about today's action too.

Today the market made its correction. I don't believe it was news related. What has me scarcthing my head is that I was expecting this to happen on 11/4 when the mkt was up almost 15 pts overnight and there was MASSIVE air on all TF's.

That day I got short and was squeezed all the way into the afternoon, waiting for that air bubble to pop.

Today, I was expecting the 60 min uptrend to extend-Middle timeframes were logjammed and the htf's were strong bulls.

This was yet another lesson in the dangers of ONLY relying on topical chart patterns and indicators. (Air, HTF Moving averages)…

By using my 20/20 HD glasses hindsight – I can make sense of why today played out the way it did, despite not htf air (except daily) and strong uptrends. Just like one jellie said in the tank today – everybody was looking for this to extend. In hindsight, I guess there weren't many peolple on the short side of the mkt to run it up (They were likely all squeezed out on the 4th and the 5th). Consequently if the market failed to extend, you would have a large population of stuck longs averaging down through every support level.

When it seems like the whole world wants the market to go a certain way, step back and reassess.

To achieve this feel clearly requires thousands of hours of screen time but recognizing it is step one.