that uv dv narrows it down to today's a reversal breakout and we pop higher into the close or we converge the uv dv and we pull back to the mean, the drop to morning lows is not a scenario for todays picture,so lucy its 3 or 4 pics it makes it narrows down the scenarios for the day .....add in the divergence from the two spx 3 day and trans 3 day charts and it tilts towards the mean reversion
nice little scalp Josh. good decision to book profits, otherwise it would have hit your BE stop. Cheers
the hypothesis of 77.5 s is being validated by hard evidence! 3 pts down and 25 more points to go. 30 more minutes to go. reach for the stars bears.