updated charts from this previous post.
potential 3d criteria setup on the 65min chart. Long way to go before getting to substantial resistance.
XLF - registered a strong momentum low on today's break of the wedge. A throwback to the $15.90's is possible, particularly with EPS next week for GS & WFC.
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 firstname.lastname@example.org
I am always open to questions, comments, or suggestions on how to improve this blog.