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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (50886)5/29/2013 8:53:25 AM
From: Chip McVickar  Read Replies (1) | Respond to of 219191
 
Hi GZ...

Been watching these bars form...
They appear in various forms in all the major cash indexes...
The time gap is a beauty.

Combing 2-3 & 4 gives you the second day...
Some indexes the second day was complete 3&4 gave us the 3rd bar already... see RUT

With the market gapping down this morning... I'm not sure if the 5th bar will be perfection.

In the futures too
futures.tradingcharts.com

Guess they'll close the gap at 1592 June

As we know my work has a window open now for trend reversal and upside goal have been reached.
I've been looking to position short.

Chip