Waited around, after missing the overnight pull back. As stated trend never really broke from higher high/higher low pattern. I saw and tried to get involved in this....






I waited around as saw a new balance area forming. Once there was a breakout, I waited for a pull back......


...

Curious to where the current price action is, I pulled up an old contract and found this.




This range was built up from 9/22 to 9/29 in 2008. After that range broke down, we saw a nice break down in the markets. Interesting for me to see it all line up.

A breakout of the multiple days of overlapping value.




There was even a pull back overnight. Which leaves me out to dry. Coming into more territory we haven't seen since 2008 and the next obvious area up, is around 1700. All one can do is simply follow the trend via higher highs and higher lows.


...

Here is a video of what I am currently seeing.

Market seems to be forming new balance between the two areas outlined before open.




When you zoom out some, we see the rotation is taking place around the mean.





Best to pick my extremes...