As you see, the bar spiked 1.3 points. On this OOE the T1 was skipped. bar 79 willl be labelled Peak 1 and peak 2 is higher. In the pattern the value of the peaks is not a concern; BUT the OOE is a concern. because of bar 79, the end of the day will not be a lateral and the OOE will move forward. the visual of the bookmark has been adjusted twice to account for bar by bar degapping.
Try simplicity (I'll grant you the fucking bar count if you can't tell time at your age): "End of Bar ##, short at ####.##." Spare me the reasons. We both know that once you learn how to trade all TA is bullshit. You can trade straight off the chart. P.S.: Bar 1 is 9:30-9:35 ET, yes?
And so what does it all mean? Did Jack make money on his calls? Did he call them in real time, or in ET 30-minutes-or-less time? And, perhaps more to the point, would Dr. Deco and any of your other physicians on staff declare Jack to be clinically insane?
Bar 80 is pt 3 of the pattern. So bar 81 will be part of the last move. This is a call. Edit: the XB became a stich black so point 3 was cancelled. Internals have precident over the OOE's of the categories of prim and secondary. All of this means that the short open tomorrow will be brief, judging at this point in time.
I will say one thing for a five minute decision cycle. I get 78 near-five-minute opportunities to surf porn, take a piss, take a shit, try to get it up, nuke a hotdog, open a bottle of champagne, reload 30 cartridges, talk to the wife, scan ET, let the cat out, let the cat in, mow a few hundred square feet of the ranch, check my email, scan ZH, and try to figure out WTF Jack meant by his last post. Beats what I do now watching one second.
the convention is to use the end of bar time to associate time with a bar. Bar 1 is called the 9:35 bar. My discourse uses two characters aways to describe a bar. the 0 and 5 routine most of you use is quaint. Pt 3 is on bar 81.
Unless and until he keeps it simple, I really can't tell because I don't want to wade through the blow-by-blow. Clinically speaking, Jack is as fine as frog hair for a Conjoined Mind. I love him and read everything they post. They are trying hard to get a consistent style and vocabulary and content, but they are way far off. But it is roaring good fun to watch them try so hard and still fail. I can do it myself better, and if they would just let me use his PW for a day I could show them how.