Just a quick Volume Pattern post today. The Emini gapped down and then we saw a selling climax volume pattern early in the day around 1,335. This level was then re-tested a couple of times later in the session. The big question is whether this 1,335 level on the Emini will hold.
The "end of trend" pattern I'm looking for on the 135 minute chart is yet to appear and so we're still in a down trend. However, we could get a bounce in the Emini tomorrow as a result of today's selling climax volume pattern.
Selling Climax Volume Pattern (Emini 15 minute)
Good luck with your Emini trading.
