I say what we have here is a delayed ADU. We are about 30-40 minutes behind schedule, but otherwise the pattern is the same...
thanks i like that. ok i will watch the 5min to see how this plays out? it is my opinion that today will be just like yesterday execpt instead of down we trade up.
Pulsescan, ADU= ALL DAY UP Pekelo - did the action of the previous two days confirm your long at the close rule? I have to admit I was anticipating a bounce after the jobs number. Others -- If I remember correctly Apex pointed out that for the past 6-8 reports if the market rallied prior to the report it would then sell off, or if it sold off prior to the report it would then rally. I think he posted this about 3-6 months ago prior to the current volatility. good trading all, newbie
After yesterday's close I did expect a decent bounce because we had a double bottom with RSI divergence. I forgot how the action went after Wendesday's close, if I remember correctly, it didn't go up much... Edit: Here is the delayed ADU's shortable top between 12:30-13:00, 30 minutes behind schedule... (not to mention symmetrical triangle breakout)