We started of the day with a clean sell signal on the Daily Chart.
And we had a great 22 point sell-off starting just before the 8:30 economic reports.
Then we had hours of choppy bottom play. It had a feeling of being on the verge of selling off further at any moment.
But we had all those HMH signals staring us in the face.....
And they finally paid off!
We had a 'heads-up' all afternoon from the 180 Minute and 240 Minute Charts, signalling a buy coming. When they finally triggered I'm sure many people were forced to cover their short positions quickly. And the panic buying pushed us up more than 12 points in the last 30 minutes of trade.
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