Iterative Refinement
- Thread starter Spydertrader
- Start date
Excellent work on SSRX, Little Mac, and good volume today portends hopefully more of the same ahead. Great pick for such a down day in stocks.
Only comments when looking at the intraday chart of ASYS is that it seems to spend a lot of time in laterals and then makes a slight move. My 30-minute chart shows the lateral action for the past few days with a blip inbetween.
Only comments when looking at the intraday chart of ASYS is that it seems to spend a lot of time in laterals and then makes a slight move. My 30-minute chart shows the lateral action for the past few days with a blip inbetween.
Chart for today. Home sales didn't really add much to the action apart from an 'outside' volume bar. Personally I found the 13:00 - 14:30 area(-ish) confusing. Finally I removed all micro level gaussians and settled for one big wide black line.
I would very much appreciate any advice on how to annotate the gaussians of that area properly, as well as on how to look at the 'outside' volume bar (number 7).
I would very much appreciate any advice on how to annotate the gaussians of that area properly, as well as on how to look at the 'outside' volume bar (number 7).
ES 5 min
Daily ES thus far today:
Lower low (vs IB) with higher volume, below resistance (from Oct-Dec RTL \) - Still in a lateral right now.
Lower low (vs IB) with higher volume, below resistance (from Oct-Dec RTL \) - Still in a lateral right now.
You can look at my chart in that area if it would help -- my channels are slightly different than yours. At the deeper gaussians, that bar formed a B2B, confirmed by a p3 two bars later which promptly broke, confirmed by an R2R three bars later.
The forest level was hard in a down leg and stayed there all morning, even through the pennant. That one bar is lost at the forest level and to me had no lasting effect.
pretty chaotic chart, However, very interesting day today