* well not dreaded if you looked for it to fail there and made the switch to the darkside bias ....
(Look how almost within pennies that OIH OB/d-top was put in on the daily at the former July high and 12pt pullback came down ...these aren;t that difficult to spot either if anyone can draw a strait line ;)
There's always a OS/d-bot or OB/d-top being put in somewhere in the market , trick is to be aware of them in advance as they approach them and trade accordingly ...they're pretty easy to spot
* Interesting thing about FFHL for example friday , is the OB/dtop is also a powerful little formation on the intraday too , if the backdrop is the stock is also OB on the 60min/daily and usually can expect a pb there too , plus ALOT of resistance . ( and attract alot of shorts too
Know how to make God laugh? Tell Her your plans ....