10/14 swing high = 1057.50 Today's low = 856 Just a tad over 200 points--not bad. Major market moves often end in 00, or close to it. A 50% retrace will take us close to that open gap above.
Sorry if this sounds trite, but it's always easier said than done--especially after the fact. An idiot from another board where I once frequented always threw out truisms like "it ain't what you trade but how you trade" Well duh! But you're essentially correct. Price and only price should matter in the end.
I will clarify. I've seen your charts and you read them well but if I may, you would read them better if you just stuck to price behavior around areas of interest and the usage of lines particularly, flat ones. This does not just apply to the past, but to the present and future too. I wish you great trading. TV
page 5089 on this journal or whatever i posted earlier has the basics for vol's rule of ten,T boys are days that start with T
mentioned this at noon but noone picked up on it, when you have a rally or selloff in a 3 step pattern,the rally will fall to the bottom or beginning of the first step,the selloff will return to the top of the 1st step. if it goes to a 4 th step ,it will blow thru the bottom of 1st step. 3 step example is chart of 87 crash,4 step example is chart of 89(?) Nikie crash,upside down example is 15 min on es this morning til around noon