Replies to post #42384 on The TradingEdge

[jxyzobrien]

last post of day
the reason shadow 3 says he does not buy late day selling trends
is because it may just be early short covering

you can intra day trade it

we just did look below and fail.

so market did fail to make a new low intra day

so this maybe the bottom

[jxyzobrien]

early value area
market rejected higher prices so value is lower.