24) for chart above:
25) so all the the circles or ellipses are "major crossovers for this zone", where intermediate (think 35 vs 70 vs 140 days) shorter trends (periods = 1x, 1.2x, 1.4x. 1.6x, 1.8x) crosses longer trends (periods = 2x, 2.4x, 2.8x, 3.2x, 3.6x)
26) last night when I saw that 1840s was not going to hit even by 8-9 AM...
27) I did this map to figure out why it was slow
28) so the area where the circles are accumulated there should be some mean reversion to be expected "should the very short trends on 4 minute bars form)
29) so hence, this morning the form called for 1887-1890
30) so when it hit 1879.xx and fell to 1870, the logical call was still 1890-1892
31) not until 1867 broke and held for a minutes was it logical to call 1857 (yesterday's low)
32) so in the chart above, that's orange path vs blue path
33) the square is where vol limits say today should hit, so a bit lower than yesterday
34) so yesterday 1843-1847, today 1841-1845
35) what this means is that sellers are real and the money is going lower
36) but teh circles/ elllipses at top ARE STILL TRUE
37) so that means in a scenario of going down... it's going to zig zag quite a bit until
twe are past the cirlces