Tuesday, 24 November 2009

Larger degree trend....


Hi Everybody,

As usual, we start with the “larger degree” trend.... As you can see, the 15min ES rally to the DP, where the rally was stopped in its tracks, and a decline started. As such, this set the larger degree trend to down........

So let’s now move to the 3min charts to see if any sell setups unfolded....

Thanks

Steve