[weiwei]

Corn, If you watch tape long enough then you can notice some very interesting thing happening. But I only read tape on YM and contract over 500 on ES. So what I said can only be true for them two.

On YM tape, some time you will see slamming down or Power up, that mean price just jump up or jump down with a gap, but usually you will not see it on chart, if you are able to see it, so far it is the best momentum indicator for me. Price usually will continue on.

And some time, price jump back and forth, tape color is mixed. Then you see a string of order with same color, that usually mean some things.

Tape reading is hard to said on paper, but if you spend enough time on it, slowly it will tell you some things.