at 10:09 /tf completes a triple top at previous resistance with clear bearish Market Signals -- a TL break leads to 70 tick drop almost straight down.
Later in the day /es forms a tilted 3 top -- and also drops fast and easy.
Finally /gc -- trends down all day but KEY POINT:
Watch for reversal at 3:15ish -- /gc was DEEPLY DEEPLY oversold at a value area and was ripe for a bounce despite weak market signals --- /gc bounced 100 ticks from 3:15 on a clear TL break.
So key learning point: watch the afternoon carefully if market gets too oversold -- watch for TL break bounces.
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