24pt Gap Down and Early Down Trend from Globex & Pre Open Momentum

Yesterday's Power On Close = Weakness

Today's Open = Open @ 1147.25 GAP Dn(24 pts)

Result =  Gap Test of lows to UP Trend

Today's TREND = Gap Test of lows to UP Trend

Today's 15 Minute Close Bar =Down @ 1123.75

Today's Power On Close = Strength

Daily Volume = 4.89M ULTRA High Volume

Today's $TICK close = 42

Daily Market Bias For Tomorrow =  

.214  STRONG / MODERATE RANGE

Daily's are showing Signs of short term strength with a seemingly No Supply type bar closing on the lows on lower volume. Also the 40500 and 135 are making a cycle support. A break above 1180 area could get a rally started but im expecting some consolidation and testing of supply and a possible test of the highs before friday were i think we could see new lows.

 Also the ES.D Profile is showing clear Reversal pattern with 
overlapping profile finding Value in within a similar range between 1135-1150. Also today was a wide symetrical inside bar signaling pressure building around that value area.

TRADE OF THE DAY:

The TOD was a 1 shot 1 kill trade at the opening. We had Very agressive selling at the 4500 BB Midline Syncing with Cycle Resistance on the 1500 and 500 ticks. The Best entry was @ 1144-1146 on the Probar break off the 1500 tick, this move spike down to 1134 before pros stepped in with a Exhuastion on the 4500. 

But The VERY BEST TOD was a trade was a Tri Factor type entry that saw the 4500 Midline Reject on low volume, While Cycle Syncs on the 1500 and 500 tick. The Best Entry here was @ 1138-1141. The Trade Broke Down to 1122 over the next 15 minutes for 13-15 point move.

There could have been Even More if was quicker to enter

WHAT I  DONE BETTER:

Reacted well to what i saw, But My entry's were very late. (bad fills & price simply moving too fast)
I could have stayed more patient for an even better exits, but overall did Very well.

INTANGIBLE OBSERVATIONS:

REMEMBER that when BB hi/Lo's match End Of Trend and PB in Trend warning these are strong signs of short term reversal. If These reversals hold look for test of the BB Midline to to confirm.