Williams Alligator did well again today. Here on the dWb II grid, we received several buy Fractals on the 144 and other lower interval Ticks. Confirmation was made with the buy Fractal on the intermediate and long-term Tick charts. Williams Alligator, the Jaw in particular, was strong support throughout the day. Any time that Acceleration/Deceleration was above zero and climbing, price really moved to the upside. The Market Facilitation Index did a fantastic job indicating which candles were fake outs.
Moving on to the dWb II.i studies set, Woodie's CCI was again a wonderful leading indicator of price action. The turbo CCI gave hints well ahead of reversals and breakouts; CCI confirmed these. At the end of the day, the long interval Ticks indicate a flat reading. This would be in agreement with Woodie's Pivot Points, as we are right above the Monthly Pivot. If you'll notice on the 6765 Tick chart, there is a major confluence of data points in this region.
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