Todays profile presents lower probability pattern (accuracy closer to 70%) and two possible outcomes at the end of tomorrow`s RTH session. First of all its a consolidation pattern which most likely will produce sideway action tomorrow. If the high is going to be taken out it should not be by much. Overall situation is still bullish with key level in 30s which might be visited tomorrow (rare for that pattern). I tend not to trade these patterns as they are harder to predict. If you are in a long position initiated at 4116 then its still on and we have to wait for tomorrow RTH session to show further information. Having said that, i would like to take a shot at 4194 level even more as I dont expect a larger breach of present high.
Momo Trend: long (but already third m2 attempt to +400 and red momo dots active).
MomoDot: red dot – perfect setup with all conditions met at the same time.
HF/Master perspective: master index still shows short while hfpi made some room for even more bullish pressure.
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