Tues. 2_28

An example of a short trade followed by a long trade in the SPY today.
2b-2c short setup entered on the down arrow and exited at each Fib. extension for a total of 4 exits.

This then led to the 2c-2d long setup.  The trend held and the higher low was on lower momentum (reverse divergence).  Again, there was one long entry, followed by 4 exits at each Fib. target.

Worth noticing was how the "sell-off" corresponded to a failure of the A/D-line's zero-line on a low TICK of the day (dash vertical line just past the 12:30 hour).  Price (and the A/D-line) then stabilized on higher TICK lows.