S&P 500 daily watch

Drop started before 12:30 but that is how triangles work. Breakout is never at the tip .

 

What can I say, I was nailing them today, last two signals were right on. On the day like this , sometimes,I get all misty .
Look at signals on 5 min chart.

 

Signals for Friday are : 9:40, 10:10, 12:05 and 13:00est.

 

Did we see daily high at 10:00 ? Signals were just a few min late. New signal is at 11:25est .

 

"Signals were just a few min late."


Then they were worthless.

 

Signal at 11:25 was right on. To follow signals , use 5 min chart, If you watch 1 min charts and do not have experience with intraday price movement, you will get confused . 5 min charts show trend of CCI and 20ma much better.

 

at 11:25 one min bar high 1147.50 low 1147.00
4 min later low 1145.50
19 min after the signal high 1148.50 so how do you trade it where did you buy and where did you sell?

 

Balda,
What would be your bias after you looked on 5 min and 1 min charts ? Would you buy or sell ?

 

Last signal for today is at 14:50

 

Signals for a Tuesday are at : 10:20,11:45, 14:25est