Today's candle engulfed the previous two days. Tuesday's doji was the set up, and today's Long Black Candle confirms the short.
My target of 1268 was missed by only a few handles. 1240 area remains the near term support and may still be the launch pad for 1290+, but the market is close to collapse.
Picking the tops and bottoms is not important. At this point it's being on the side of the trend.
By the way I found this article very interesting
Keeping it Simple - Day Trade Rules, a Pathway to Financial Security
This area of support near 1249 is quite important for the Bulls to hold.