- Osi_MktFatigue shows that downtrend may be done. (Strategy is short.)
- Osi_PASRZ Zone1 zone with an upbar, confirms that this may be support. (If trading manually, we would probably have exited the short, but the Strategy holds the short).
- Osi_PASRZ, Zone2 has a down bar, after price almost touching the ValueAreaHigh (resistance) on a day when we went up on weak Market Internals. Is this resistance then?
- Up bar seems to have bounced off the retest of Zone1 marker - support?. (Strategy reversed to Long)
- Down bar bounces off the Zone2 marker - resistance?. (Strategy reverses to short). By now the Market Internals have come so far off the morning values, that we may be seeing a trend day down.
- We slice through what was support without any pause. Zone1 is now probably resistance, especially given the Market Internals deepening turn down.
- We retrace, and do not even reach resistance. (On the first down bar, Strategy adds to profitable position).
- We never hold overnight, so we exit at the end of the day.