In the absence of algorithmic signaling, there is…

…Auction Market Principles.  No signals …just a simple price bar interpreted in the context of the auction would have provided for a 20-point gain, this AM.  While algorithmic signaling is visually helpful, the auction market process will always be all one needs.  Today, that meant:  In a down-auction, sell rejected key reference levels until strong evidence of an up-auction presents itself.