Friday, November 1, 2013

Friday Minor low

Today's minor low of the previous day was not as clean as yesterday's pattern.  But it didn't diverge by much, as all they did was print the minor low and then stab it down a couple more times for two more little minor lows.  Stops cleaned out below yesterday's range lows, and a little bit of wiggle, then BAM in came the buyers right on cue.   And the low so happened to print at 9:00, which is many times a great reversal time of day.

Minor lows of the previous day continue to be excellent trading opportunities.






No comments: