Thanks for posting this chart, clarified a couple of sticking points I had. In beginning to concurrently annotate ES and YM, and using the latter to zoom into ES tapes, I omitted to consider failures of new dominants after an RTL BO. As always, volume tells the tale.
To anybody else who's currently drawing a chart - did you start your pt1 of the current down channel at 12:45 or 13:10? Thanks.
I have the Point One of the current down channel annotated in the same fashion as you. The only difference is the time. On my chart, Point One (of the current Down Channel) rests at 12:55. (All times Eastern and [close of] ES Bars). - Spydertrader