Iterative Refinement

ES U8 Daily Chart July 3 2008


Daily ES bar made a LL and a LH and closed within a lateral movement.
Increased volatility expansion of the dominant channel.
FTT of the white dominant traverse.

Holiday volume today.

Range today = 22 points

Volatility to previous bar = 65%

Volume = 76% of previous bar

Close of bar = 63% of range

Close of previous bar = 6% of range
 

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Have a great one !

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Looks liek BEXP continued down as spyder thought it would. My initial reverse off the 30 has panned out when I got in around 15.75. Made nearly two points. Looks like on the 30 it went into a smooth decreasing black transition and just before the day close, it was on its way to back to increasing red and verified Pt 3.


Comments welcome.
 

Attachments

Final Universe

ANW AREX BEXP BIDZ BMTI CALM CAVM CSIQ CXO CZZ DDS FSIN FSYS FTEK GEOI GSOL HUSA IPHS LDK LQDT LULU LXU MALL MEA MELI MFLX NCTY OME OPTM PERY PNSN PWRD RICK RVBD SCOR SDXC SNCR SOLF STAR STV SWS TBSI TESO TSL UDRL ULTR VDSI VISN WX YTEC ZOLT ZUMZ
 
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