XJO,Up bar on narrow spread and increased volume closing off the...

XJO,

Up bar on narrow spread and increased volume closing off the high - very weak. So after rallying on a supply vacuum created by our last shakeout - now at the top of the range, suddenly we have supply coming in - typical - a cheap markup for smart money, requiring no heavy lifting and they can now take profits as they take it back down to test (we hope for the bullish case)
So we dipped our heads over the high of the Aug 5 bar last several days, then yesterday we have a wide(ish) spread down locking in anyone buying at the high over that bar, and as we try to rally back up over that high (Aug 5 ) - nuh - suddenly we have a problem. Whats that about - what indeed.
Anyway, thats what it looks like - our market looks to be bracing for a down day on the DOW.