It has been a while since I have seen so many converging factors in 1 play before. Entry was the easy part, I didn’t quite know where to exit as I doubted that price would make it to the next FFF extension at 754.30. As it turned out, the 610-tick chart sported a nice looking TXD- and that was as good of a place as any to bag 1.4 points.

the 6 Converging factors were:

1.) FFF- Pattern Failure
2.) Positive Trendline Cross (TL+)
3.) 2nd Positive NYSE-TICK hook
4.) 55-tick chart Positive TRIX Divergence (TXD+)
5.) Very low down volume on the correction (-Vol-)
6.) 2-minute Positive TRIX Hook (TXH+)