Yes, this post provides the answer. I missed it and was mistakenly looking at a different post by Avi 8 when I made comments following my original question. The bar in question (11:45) meets the definition of Spike Bar and as such does not complete the sequence required for a Traverse. Thank you.
After reviewing my chart this evening, I noticed one area which needs correcting. The lateral (on my chart) which begins at 12:35 should really begin at 13:00. The end of the Lateral remains at the same location (13:35). (All times Eastern and [close of] ES Bars) HTH. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2151915>
Spyder, Would you mind commenting on why you annotated the lateral starting at 15:35. I did not annotate it as such because it looked like a retrace to a point 3 and then pt 3 to FTT. No bars overlapping or closes lining up except that the the 1535 bar had a large range. Thanks