Replies to post #46263 on Short Term Trading Member Forum

[dindindon]

Island reversal

The gap down forms an island reversal, one was observed in between 10/26 & 10/27. This morning we got another one. From prior post, I expect a low around 1120, since index moved higher than what I speculated (1293 vs 1228), a tentative guess is 1138 +/-, will do the fine tuning. priority are: (1) direction, (2) time stamp, and (3) level. step by step. got an error try new recipe; This web site can not upload chart from Hard disk directly, no time to post somewhere and link it back, sorry. I talk too much already, log off for a few days.