Iterative Refinement

I mean, we are all looking at the same chart annotations pretty much. But I can't seem to find any dominant red bars past 1425. All incr red volume comes from either lat/pen BO or spike. The great mystery is how did we manage to complete the sequence if the market doesn't seem to have returned to dominance. I must have missed a memo or something.:( :confused:
 
Quote from romanus:

I mean, we are all looking at the same chart annotations pretty much. But I can't seem to find any dominant red bars past 1425. All incr red volume comes from either lat/pen BO or spike. The great mystery is how did we manage to complete the sequence if the market doesn't seem to have returned to dominance. I must have missed a memo or something.:( :confused:

What about the 15:05 bar? increasing red after decreasing black?

--
innersky
 
Quote from innersky:

What about the 15:05 bar? increasing red after decreasing black?

--
innersky
it's a pen bo, i just missed an annotation, is all; but 1505 looks non-dom to me due to pen BO
 
... on the other hand, the 2nd orange pt3 down is ff traverse - so it shouldn't really matter as long as we have an incr. red after p3.

Yes, that must be it. Sorry, my bad. Another brain freeze. Looking at my own annotation and wondering why did I drew this :D
 
Quote from romanus:

... on the other hand, the 2nd orange pt3 down is ff traverse - so it shouldn't really matter as long as we have an incr. red after p3.

Yes, that must be it. Sorry, my bad. Another brain freeze. Looking at my own annotation and wondering why did I drew this :D
I guess your view on laterals is more of an obstacle than a helper. E.g. your last lateral doesn't make any sense to me, and it prevented you from getting return to red dominance.

A bar by bar review of the last down move seems interesting ... :)
 
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