Outside Day/ Engulfing Pattern for you candle stickers...3 day Step Down Rule in effect yielding really nice returns.
Diamond Top is in full force & effect... followed by additional confirms.
2650- 2660 bounce/ inflection point is the likely scenario for the Bullys out there... If you took that advice yesterday, you had a tidy 30 handle profit to pocket before the closing bell with a short covering/ buy spike up to 2690.
Boom!
After the short covering spike from 2660... We came back in and kissed the 2650 for good measure & then my reliable 10:30 EST reverse gave us another quick 20 Handle cushion, eventually trading 45 Handles North of the 2650 buy zone.
Looking for sideways, yet tradeable, PA before markets Roll over & defecate all over themselves for the true move south.
Heavy, Heavy .....