Stock, Option and Futures Trading

Stock, Option and Futures Trading

Watch TF here

 

On the TF 150 minute chart from the 738.10 8/31 high to where we are now is 56 bars. Retrace that wave and we are approaching 56% at 690.6.

IF we hit the 690.6 within this 150 minute bar there will be a price/time square. 56% is very close to 55% and 55 is a key number.

It could be nothing or it could be the top of this wave. Either way I would keep a eye on it

Happy Trading,

http://www.eMiniSchool.com

 

PS. If you scroll back through this blog you will see price/time squares that have caught the last two highs. Lets see if this one works as well.

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