What’re you gonna do if this reel lets you drown?

When the market goes deeply oversold, it is unable to carry out a sharp turn, it has to do it in 3 steps with a relapse in the middle which sets up a reversal divergence.

For a kick start low the stoch18 below 9 is too low. On the bright side, this market is turning back up.

Count 3 + Money Flow fresh peak = trend continuation divergence => 7 hrs of selling, lower low guaranteed.

prior example

current example

The relative location of 3 to the Green River is also interesting. Weren’t these hijackings? Point of view, I give the benefit of the doubt to the Zero not the Aggressor, as the latter steps in front of the current direction.

There’s one more tip.

Evaluate the printing of a reversal-low.

If there is going to be counter directional volatility within say 5 hours (10x 30 min candles) from the new low, you have a usable low. If the market just go sideways after stepping back inside the 30-sample Bollinger, and does not care to cross to the other side of the 8 EMO, then another low would be coming after some consolidation. White ovals.

My car has no engine, stop acting new, I bet you could win.

Zombie eye colors, I’m in love with another song.

Vicious blames….

My life goal is to get my name registered in the Something-something Almanac between Shapiro and Sharapova.

Reversal Divergence