The ER2 Trading Journal

I don't know if any of you play the 2:00 PM pattern.

Everyday for the past 2 or 3 weeks, if ER2 was around HOD at 2:00 PM, it has a high chance to see more new HODs after 2:00 PM. Rerverse is true if it was around LOD at 2:00 PM.

Right now it is trading around 679.30 to 679.70 and the HOD was 681.2 (at R1). We'll see what happens.
 
It obviously has a pattern. When it is trending up, short-term MACDs are wrapped on top of the long-term MACD.

When it is trending down, short-term MACDs are wrapped on the bottom of the long-term MACD.



Quote from lynx2004:

what am i missing?
 
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