I have spoken about fractal patterns in the past and today was another good example of just that - although today was a trendline example instead of pattern. On the intraday futures chart (actually going back to late Friday) there was a trendline connecting highs that was used by sellers today.
For short term traders, the first time you can draw a treneline between any 2 peaks or troughs you should - it may not ALWAYS work in your favor but it gives you the first indication of where support/resistance may appear. In this example, after the first peak in the overnight session if you drew an extended line you would have been able to know where the sellers could appear. First resistance was between 8am and the opening, then late in the day sellers showed up again near the trendline right near the close .
Just another tool in your belt when trying to beat Mr Market.
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