mongombolo's - curious child thursday, page-73

SPX 10 min from last night and you can see the candle which sounded the warning of the pending sell off in the oval - falling enveloping candle at a high level.



Current position SPX 15 min and another of the same candles in the oval at a high level, although the low is the same level (actually 0.01 of a point higher) than the prior candle (that may reduce the candle's significance a tad). I will look at different timeframes to find them. The larger the timeframe the more significant the candle, so in theory, this recent one should be a better indicator than the one last night, but note this one's low is not lower than the prior candle which should reduce its significance...conflicting data so we’re still confused.