Between 1030 and 1110ish, AXP formed a bearish base on the 1min chart (Note lower highs and declining volume). Between about 1055 and 1110ish the SPY attempted an upward move. AXP's participation in this pop was minimal. AXP's weak strength relative to the broader market made this bearish set-up stronger for me. I went short on the 1110 bar. My exit was on the bullish 1124 candle (in the vicinity of the 38 fibonacci extension.....the 38 fibonacci extension from the previous day's high to today's opening range pivot low)
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