Iterative Refinement

And a textbook Jokari Window: Price Moves in the non- dominant direction (after previously moving dominant) on increasing Volume.

¡Ay, caramba! And another case of looking but not seeing on my part.

 

Based on what we know, what does the 'Pre-Flight' Check tell us for tomorrow's open?

- Spydertrader

 

Completion of the last up traverse of the day and building of a down channel

 

I see an uncompleted sequence for a 2nd dominant traverse of an up channel (part of super-channel). Don't see confirmed pt3 yet.

Expecting completion of sequence and a signal for change before beginning of a new sequence.

 

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Super Channel...?

 

I think, since channels ´measure` market sentiment, it would be reasonable to take into account the fierceness of yesterday's rally and carry over the yesterday's (super) container as well? FWIW.

 

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Point 2 of the Super Down Channel was taken out....nice structure ...I am going to keep this chart...