" never go long on a lower swing top never go short on a higher swing bottom "
scilliams, not nit picking but it is Friday of course :) but with your above line, imo it would also depend on the volumes that are occurring during those higher or lower swings top/bottoms and of course what the background has been doing ie. it might be testing on light volume for your lower swing top and there may still be more shorting around for your higher swing bottom if it is also on light volume ie. no support from the main players to take it up at that point of time but also if your higher swing bottom is on really big or a spike in volume it may or they may be still adding shorts for the downside, hope I haven't been too confusing or for nit picking your phrases
P.S. getting a nice trade with QBE today after that strength and testing appeared just recently
