The Market Ignores Negative Issues and Just Keeps Marching On! Get in the Way, and You Can Get Hurt!
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SPY 1 Day, 5 min. - 2.8.11 - Setup at the Open shows Regression Channel, Volume Profile, Bell Curve Projection (Golden Zone). and Active Trader. Combine this information with Internals like TICKs & Breathe can provide Valuable Information on Subsequent Price Action.
Breakout from Regression Channel at 9:15 Supported by TICKs and Active Trader Paved the Way to Higher Market Move.
SPY 1 Day, 5 min. - 2.8.11 - Early Breakout at 9:15 to the Upside Continued into the Close. Price Action Exceeded the Golden Zone into New High Territory. There was No Break in the Momentum during the Session. From a Technical Perspective, this was a Perfect Day.
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