Examples of the 2c setup.
Being that the pre-market is so active these days it has offered some good technical setups of which the Opening sequence is just a follow-through.
Here, the SPY opening move was a drive off of this trend line break (2c setup, reverse divergence)
Here is one which I traded but feel I got "lucky". In hindsight this market was an inside day and didn't offer that reverse divergence to act off of
The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at email@example.com
I am always open to questions, comments, or suggestions on how to improve this blog.