FYI - indicator is not price based, prefer not to 'splain it...I will say I primarily trade off of Trin, Volatility, volume, Tick and price..so just imagine its one or combo of those.
Things are going very much to my 'read' on sunday...down 15pts today before little rally off 1430 (which was critical as I said earlier..though I thought it wouldn't hold today)...so working into that 1450-1470 resistance as expected and building a sell signal. To avoid triggering the sell in next few hours/day will require another large upward impulse. Of course, thats possible as its still a buy until its a sell, but in my experience it doesn't pay to long this late in the signal.
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Edited by entropy, 20 August 2007 - 08:05 PM.