Large STD move

February 12, 2015

Large STD on either daily or weekly is push to new level – needs consolidation and testing to probe if this is indeed a new  value area or an overextension of artificial nature.  Use the extremews of the bar that is the bar that marks the turn down of the ADX –  Expect rotations on both sides of this bar for 10 – 15 ensuing bars and expect this 85% Of the time.

 

Notes to Self