The TradingEdge

[jxyzobrien]

Dk used process perfectly
Return to major moving average failure (50). Failure 60 min 50 RSI
15 min rsi 70, 15 min rsi divergence

reversal candle on all time frames

things are now different. so finding failure inflection points will be
important

its all about using the correct process.

So the first part of the move was a hard wave 1 spx 2593
then wave 2 abc went to fib .50

so next move down will not have the juice of hard wave 1 and will channel

spy to open 15 down right now
es futures fighting to reenter value area

Good news has now become bad news.