GU:
Ddaytrader has added another succinct, valuable post (see post #11574 above). In line with it, here is what I am looking at regarding GU.
PA turned at R-area of 1.5300 (was overshot), fell to lower quarter level (was overshot) and bounced back up to eighth level between. PA is now between that eighth level and the quarter level, placing it inside of the Dragon. We could get a short setup, most likely next session (Tuesday). And the way the PA and Dragon look right now, we could see EP (blue rectangle) around the next lower half number (or higher) with a run down to previous lows as the target (green rectangle). Even a lower target of the next lower half number is within its daily ranging (second, lower grreen rectangle).
Ddaytrader has added another succinct, valuable post (see post #11574 above). In line with it, here is what I am looking at regarding GU.
PA turned at R-area of 1.5300 (was overshot), fell to lower quarter level (was overshot) and bounced back up to eighth level between. PA is now between that eighth level and the quarter level, placing it inside of the Dragon. We could get a short setup, most likely next session (Tuesday). And the way the PA and Dragon look right now, we could see EP (blue rectangle) around the next lower half number (or higher) with a run down to previous lows as the target (green rectangle). Even a lower target of the next lower half number is within its daily ranging (second, lower grreen rectangle).