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jxyzobrien

07/25/18 1:33 PM

#1712 RE: jmb015 #1711

80% rule
when the market enters value area from below and stays in
value for 2 30 min candles it wants to go to top of the value area.

this is not 100% but 80% of the time is does this.
W patterns lead to nice moves up.

learn at your own pace.

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jxyzobrien

07/25/18 8:15 PM

#1714 RE: jmb015 #1711

told RCKS yesterday auction not over
there was no excess high on tuesday, just a poor high

today was a repair of the poor high at spx 2830.

we created another poor high not an excess high.

it looked a top for sure on tuesday.

its looks like it should have topped today but again no excess high

another poor high,

amzn missed so nq and es gapped down

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jxyzobrien

07/26/18 9:25 AM

#1718 RE: jmb015 #1711

there was an excess high yesterday
without time profile i have to do it manually.
so it was not a poor high.

but spx 2872 has not been tested

opening in value so bulls still running the show