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The 'black boxed' logic may appear to be the result of looking at price only:D . Using an assumption that at 15:50 of 7/16 the market has not finished building a 5 min ES level traverse and only arrived at Point Two, the attached is an attempt to correctly identify a traverse using gaussians in...

Thank you for posting it - it made me look at my own chart and realize that my original gaussians are all messed up. P.S. The thoughts in the attached are just opinions of the fellow P/V relationship student and could be wrong, I was wrong before - so it wouldn't be the first time.:D

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revised

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It seems to me that in the past the market has shown the continuity even during the holiday low volume session. See attached.

Happy 4th of July!

http://www.elitetrader.com/vb/showthread.php?s=&postid=2488827#post2488827

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