Todays chart. Nice day, but the 15:05 [close] bar was a big surprise to me. I was expecting an FBO (fanned out pt3 down) when it suddenly took off. EDIT: Spyder, thanks for checking our charts yesterday .
Just as a reminder, Nicepair111 posted an automated culler for Equities. It's located over in the software thread. Download your copy today. - Spydertrader
The YM appeared to be setting up a PT3 fanned down channel on the bar preceeding the BO. The YM bar was showing IRV and closed below LM and below the channel. I remember thinking to myself that the up channel seemed enemic at the time. I guess I talked myself into a downward move which never materialized. But the next bar abruptly showed what the right side was. I think this may be another example of why Spyder preaches inter/intra bar analysis and decision at close-of bar I would be curious to know if the STR/SQU gave an early signal in that area.