5.5 Gap Down off PDC Weakness + Blocks at daily lows = test of gap resistance

Today we had a 5.5pt gap down off Prior days closing weakness with globex momentum on the open. The round number 1440 was gapped through over night running any stops sitting below the 135 flag pattern to push prices lower prior to the 1st Time Interval.

Recap Notes:

Trade Selection - Excellent Trading, perfect entry based on sound Specialist Principles. I took advantage of the Higher Time frame Weakness that had Block Ops bar at high with Exahuastion. I stayed patient and trusted my premise when price tested the weakness and was rewarded handsomely.

INTANGIBLE OBSERVATIONS:

Trust the HTF (Higher Time Frame) Block Ops indication, be sure you are trading away from Strength or Weakness. Today we had HTF Weakness and a 5.5pt gap down further indicating momentum from the Prior Day and Globex session.

**VERY IMPORTANT**

When Signal are ODD and out of place, stay small!! Many times I or the market may get out of sync and Signals appear to be off. This is when you need to trust the Higher time frame 135 and 40,500 Tick for Blocks Volume for direction. Then time the extreme with the 13,500 and 4500 ticks.

**Look for MATD with Blocks and Strength appearing at extremes.

Be Flat for news releases, keep order above or below market Only when the background is evident.

6.5 gap up off PDS + Tight Range thru 3rd Ti = Midday Breakout

Today we had a 6.5pt gap up off Prior days closing strength then traded in a 4.75pt range through early time intervals only to break out midday around 9:00am rallying 10pts to close.

Recap Notes:

Trade Selection - Ok Trading, I entered a bit early but had a solid premise based on the higher time frames and prior days close. However i should have been lighter earlier then gotten larger on the test of the lows. I did finish with a solid gain but could have been stronger.

INTANGIBLE OBSERVATIONS:

**VERY IMPORTANT**

When Signal are ODD and out of place, stay small!! Many times I or the market may get out of sync and Signals appear to be off. This is when you need to trust the Higher time frame 135 and 40,500 Tick for Blocks Volume for direction. Then time the extreme with the 13,500 and 4500 ticks.

**Look for MATD with Blocks and Strength appearing at extremes.

Be Flat for news releases, keep order above or below market Only when the background is evident.

2.5 Continuation gap up till 2nd Ti + Blocks at the highs= Large selling

Today we had a 2.5pt gap up to continue the prior days trend Till the 2nd Time Interval where Blocks showed up at the highs on the 4500 and 13,500 knocking prices to recent lows around 1436. A 1.05% loss in a 22pt Range.

Recap Notes:

Trade Selection - Poor Trading, simply made bad adjustment managing risk during uncertain times. too big with no true background understanding. Unqualified Sequences.

INTANGIBLE OBSERVATIONS:

**Look for MATD with Blocks and Strength appearing at extremes.

Be Flat for news releases, keep order above or below market Only when the background is evident.