Note the last pink down traverse beginning 14:00. http://www.elitetrader.com/vb/attachment.php?s=&postid=2140080
What I see: ... 1500 pennant BO; anyway ... can't be pace acceleration because acceleration implies 2 consecutive volume increases, the second larger than the first ... 1505 continuation up; decreasing volume ibgs
Does anybody mind posting their current Final Universe? What to make of past ranked stocks that are trading below $5?
Not the one you wanted a response from. Just offering food for thought here. This is something I'm looking at to help with the PA question. I know I'm missing something here and can't figure it out yet. Recently the PA had not been working out as it was the previous weeks. I don't know if this will turn out to be a worthwhile endeavor but so far I have found no reason not to pursue it. Your recent posts among some from others have me rethinking how I will draw tapes going forward. I intend to come up with a color code to distinguish inc. vol from dec vol as well as inc pace tapes. This is how I viewed the area this afternoon. Like I said this may be yet another exercise in futility.
I was waiting for the tape break, which came OB w IRV @ 15:20 (bar 70) That was the certainty bar for me. (though it was late according to the YM) P.S. That final traverse looks like one big R2R... No PT3 (Yet) - So that is my PFC too
I agree ehorn... 1500 - dom 1505 - non dom 1510 - non dom 1515 - key bar - non dom 1520 - faster fractal traverse complete with tl break on iv don't agree - what does the 1545 bar tell you?
Missed annotation of the accelerated traverse. The comment in the bottom right corner seem to explain the situation rather well: http://www.elitetrader.com/vb/attachment.php?s=&postid=2086621