Day chart – Williams Fractals not signalling anything yet. Stoch crossed 80 yesterday but couldn’t hold up till end of day. MACD Histogram not turned down yet. Unless price starts taking out my stops or I’m in time to catch a signal on the 2 hour chart it still looks like price could have some energy left.

Purple verticals in MACD histogram denote histogram rises or drops in first 11 days of month (it looks like to confirm a high and there can be more than one the MACD histogram must drop same day or after, and vice versa). Purple verticals in Stoch denote highest or lowest price in first eleven days.

Horizontal zone on chart for each month denotes first days volatility extended to 11 days. Grey squares on chart denote volatility of last 11 days of month. Green squares denote fractal patterns of interest to last 11 days of month. Light blue diagonals denote fractals of interest prior to begining of following month. Yellow triangles in first 11 days of month just there to show if reversals occured with just one or two peaks or troughs.

NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.