Correct but the height of those two bars is still less than the height of the 11:10 bar so the slope of the right wing is negative from 11:10 till the trough is reached at 12:25. lj
The dom direction at 11:10 was UP, followed by non dom red, followed by dom black from 11:45. Unless I am mistaken (which is quite possible), the fact that the black gauss peak is lower at the 11:50 bar reinforces the argument that 11:55 is signal for change.
Then where is the change? I came to the exact point where you are and because of the fact that there was no change came to the conclusion that there HAS TO BE A CONTEXTUAL REASON why this occurred. That is what I have been looking for. lj
What we are doing as we move from point 1 at 11 AM onwards is building first a tape then a traverse then a channel. What I will say in the next post and what I said last night in the long post is contingent upon there being a point 1 at 11 AM. Do you agree that there is a point 1 at 11 AM? lj
I rather enjoy watching the market answer your questions (mainly because it saves me loads of typing ) - especially when the answers arrive less than 12 hours after someone posts. - Spydertrader