thu 01_10

today's trade

A key for the above chart to define the horizontal lines and dots.  For further explanation, see this link:  

The morning's trade can be seen in a previous post.

Higher time frame, keeps going higher.  The criteria setup has been 3a-to-1b-to-1a continuation.  A little concerting that the 65-min momentum is still so weak.

A few looks at the daily SPY

The channels in the SPY have been very tight and symmetrical.  Playing the channel extremes has been fruitful

Inverted roof (below).  Can break either way.  See Bulkowski's write-up here