Iterative Refinement

Describe for me what is continuation after the 1550 bar?

P.S. Do we still need to see the diagram posted again?

 

We might. Continuation is increasing volume and increasing price. Formations also mean continuation. Hence, I am confused.

 

How convenient. LOL




(or should I sneer: How blatant!)

 

ES Daily Chart May/ 29 / 2008



Daily ES bar made a HH and a HL on slight increased volume. Close of daily bar pulled back quite a bit off of the high, and just outside of lateral.

Daily bar range = 20.25 points

Previous day daily volume = 1698989
Daily bar volume today = 1712828

Close of daily bar = 53% of range today.

 

Hey guava, thanks for all the effort you put into your charts.

 

My distinct pleasure. I am happy to translate or answer any questions those learning the method may have.

 

Yes, the chart and annotation are great.
Can you make the image bigger? The writings are a bit small to read.

 

I can try or just post two different larger segments of the day.

 

Agreed. Thank you for sharing, Guava. Your charts are a great resource.

ES

 

Still holding CAVM. Saw today as an IBGS to decreasing red and Ill continue to hold waiting for a point three to emerge on the daily.

Comments welcome.