/tf -.16
may be rangebound consolidation after large move yesterday?
SNTS -- the co. that never quits 8% pm.
solars down big.
Z, GPOR weak.
/tf -.34
1046.6
So nailed the opening mostly -- got the 10 min OR break -- for 31 ticks... then gave back 13 on non-plan trading.
Like 1 min candles for the first hour -- saw the clear top above the 10 min OR.
short /tf --
under 10 min OR
market signal break
triple touch pattern.
ADr -862 breaking lower...
Is everything lined up?
Yes -- and out at 1042
37 ticks on the day -- despite a 13 tick dumb trade.
selling
/nq at 3108.75 -- at 61.8% intraday fib and near 10 min OR low.
12:30 pm - 5/34 xover on /nq -- causing a short cover rally. <--- can="" emerges.="" new="" p="" pattern="" reshort="" t="" until="">
market signals turning down 1:50
/nq - top of 10 min OR --
ADn -1200 -- is irrelevant to Price Action first.
all /tf did after drop was establish a TL to bounce from.
bot SQQQ -- TOP of hourly channel -- responsive with ADn -1000
5/34 xover -- keeps you on the right side of the trade -- it will mean later entries but it will pay by not taking early shorts.
/nq fully above 10 min OR -- bulls in control.
can't make up new rules.
the 5/34 xover - - will keep you on the right side of the trend MOST of the time. But enough to be CP.
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