October 27, 2005: TD

This was an easy session to figure out based on yesterday's analysis. Sure enough, the semis broke down from their BRACKET pattern that lasted few days. This pattern has repeated at important junctures - something to keep for files... Breadth stunk hehe.. and one would close their eyes and just short!...







Waterfall was very clear on YM which confirmed the dbl hump on AB... both were clearly below ema... notice how ADD consolidated between bands but couldn't pierce thru the upper one!!! Amazing price action...