Iterative Refinement

Spyder (or any other experienced traders here), can you post your chart with the annotations around the EOD?( the last hour of Friday) How would you (should one)interpret the sequences there with respect to their (in)completeness?

TIA.
 
Quote from guavaman:

:eek:

Scary stuff
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Tell me about it. The mrs works at Lehman Bros. I dropped her off at her office, the Lehman headquarters in midtown, at 7am EST and she walked in among the camera crews with an empty moving box to clear her desk... I'm still stunned a deal fell through... I guess I'll be doubling up on contracts...
 
Quote from makosgu:

Tell me about it. The mrs works at Lehman Bros. I dropped her off at her office, the Lehman headquarters in midtown, at 7am EST and she walked in among the camera crews with an empty moving box to clear her desk...
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Sorry to hear about that.
 
Quote from gucci:

How would you (should one)interpret the sequences there with respect to their (in)completeness?TIA.
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My thought is that we will be having a rather large gap down so we start anew regarding development of traverse and not look for continuation of Friday's close.
 
Quote from guavaman:

My thought is that we will be having a rather large gap down so we start anew regarding development of traverse and not look for continuation of Friday's close.
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That was my thought as well. I guess, that the news about LEH should be viewed as a kind of reset for the market.
 
Quote from guavaman:
10:15 was obviously a Pt2, but I must admit complete confusion as to why it was not an FTT/SOC of a Pt3 traverse up.
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Could you post a snippet? What pt2? :confused:
 
Quote from guavaman:

10:15 was obviously a Pt2, but I must admit complete confusion as to why it was not an FTT/SOC of a Pt3 traverse up.
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IMHO, the YM gave a signal to anticipate fanning.
 
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