The 2914 level, is that a new high or is that a 40 point low for the day?
You'll have ask B1 that question. I'd answer you, but my answer would make sense. He was the one calling for a 40 point sell off, not me.
Here is what I'm looking at right now ...
my opinion has long been that there is no noise and nothing is random. If it seems like "noise" or "randomness" then I'm not looking at the right things. I could even show why 2902.50 made sense as at least a tradable temporary low if not the low of the RTH session if I really wanted to spill the marbles, but I don't have time today for that at the moment ... Nothing that I drew on the chart is in and of itself a trade signal, just places where I would expect the type of trade signals that I tend to take to be generated.
There are trade signals all over the price action. But not everyone of them is one of my signals.

