We saw a mean reversion beginning to form late night here in Los Angeles. Once price on the 6765 Tick Interval cleared the Alligator's Jaw of Bill Williams indicator, we were looking for Fractals on the intermediate and shorter term Tick Intervals. Double Stochastics as usual went extremely positive at times on the 144 Tick Interval out to the Intermediate. Similar observations were made on the Ergodic Oscillator. ATR of Woodie's CCI was a leading indicator for several trades with the intermediate Ticks confirming warning of reversals. LBR showed ADX climbing but was offset by large volume on the TMV indicator each time and further by the CCI reversing. TTM Squeeze had rounded the bottom from the low tick after hours yesterday and began to show signs of Cyan on the 6765 Tick. Looking just one chart to the left, however, showed what could be a double top of the same Wave A. We will watch carefully after hours and update as needed.
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