We had an ST CIT today to the upside, but with a daily reversal candle. The gap up at todays open had OB intra-day reading all over it as noted in last Friday's analysis. The PA signalled a high probability of accelerative move UP, and that's just what it did.
I must also say, last weeks analysis of the fight between Mayweather and Pacquiao was also true to form. Too bad I don't bet.. LOL.
With the intra-day signal still in OB, the momentum to more upside is in play. Look for an exit of this range for a trade exit or a short entry, whichever you prefer.
MT: UP
ST: UP
PA: UP
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