DDD Follow Up

This is the first and last DDD Trade Idea post, which in it I said, 

"This is a trade that should come to us which is exactly what we want, it would be either a short or a Put position."

The update from Tuesday thought we'd see a move to at least this level.

As you can see, we are almost there, so DDD is getting close, a good break above the 50 would be an obvious move since the 50 is so closely watched by traders and it already looks like they are trying to short in to it by the looks of the present candlestick.

I'm a proud papa right now, 3C did a FANTASTIC job calling a bounce move in DDD and to the approximate level so far and did this Tuesday. That's what allows us to plan ahead and LET THE TRADE COME TO US, rather than chasing it.

 The 1 min chart is positive for the bounce and in line on the bounce, this will have to go negative first, so again the individual stocks' action is very consistent with short term signals in the market averages which is 100% consistent with the need to change retail sentiment to bullish.

 2 min is in line, this will have to go negative too.

3 min positive and in line, these signals were building early in the week.

Is it possible that the 5 min chart, the one that really gave away the upcoming move this Tuesday, is showing a first negative divegrence? Only a little time will tell.

The DDD 15 min chart. In any case, this will be a short, it obviously is giving us a gift, we just need to know when to pull the rip-cord.