I try to enter into a trade mostly on system's calls, it looked good though. Shorted @ 1320.75 2.25 point stop
It is the nature of markets to make repeated attempts at highs and lows especially significant ones like contract highs and lows. The more times a market bounces against one of these , the less likely it is to break through. Doesn't mean it doesn't happen--just makes it less likely. 3 minute chart has signalled a short here at 1319.50.--could be that three minute chart is ready for whipsawing.
Buy signal generated at 1320.25 on the 3 minute chart. 12 minute still bearish. As you can see the three minute is much more prone to whipsaws and falsies. However, it has a plus--it catches the moves much earlier than the 12. Out for a bit--we'll go with the 12 since I'll be away from screen for a while.