So far there's what looks to be a small intraday reversal, the TICK chart is supportive, but didn't lead the move (actually it did for 10 mins, but you'd have to be really good with divergences to see it); 3C intraday charts are mildly positive to inline with some of the longer intraday timeframes seeing some more negative action which is something as I explained earlier today as one of the markers we are looking for in the area and as explained all this week, "We are not likely to see these signals until price makes the move above last Friday's level". So yesterday's move was important, it leads us to very fertile ground for signals and likely for the next scenario we are looking for in trend #2.
If any charts stand out as interesting, I'll post them, right now the description above is more than sufficient.
5 years ago
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