I'd be weary (if I were short) of the late-lunchers coming back in the next 15 - 45 mins. There's been some bargain shopping going on today. If it continues, it'll give us a nice bearish fake before it rips into close.
I cant help but think of the May 29th scenario when looking at what happened over night and what is happening right now.
Looking for 63.25 limit Yehaw Asceding triangle means more likely to go up. Adding at 66 and lower ka-ching all PS at "BE"+one tick and all gave 4 + ticks first targets, have runners, looking for strong close, but who knows. adding long in here. Took 4 ticks, except for entries made earlier, Done for the day
Damn...that looks like you might have called the top-tick...certainly looks like a puke bar (though this could definitely hold on institutional buying). Quesetion....were you far enough up the queue to have gotten the fill?
I am a singles hitter and have had a number of longs on the way up, 67 was last exit....am not a pattern trader per say but note them within the context of my signals.