FOLLOW THE RULES, NOT THE PLUS/MINUS

The BOTs are set and we look for PA to complete a break out.  In between, we can see failed break outs, and runs from one level to another.  In all cases, we have rules:  rules based upon observations about price action.  Don't worry about the daily plus or minus run in the market.  Look for the break out, look for the trend.

 BOTs set for the markets

TF

TF had an early FBO, and moved to the opposite level.  The SB did break, but quickly showed a reversal.  Reversals tend to run to the opposite level, thus was a long indicator.  A long was warranted by the LB BO.  The EMA moves into the UTR (upper trading range) indicating the market as a whole is bullish.

After the BO, continue to look for MAXT, 50CB, Trend Continuation, etc.

ES

The SB held, followed by a run to the opposite level, a long indicator.  The LB BO was a long.  By the consolidation, the EMA moves into the UTR for a bullish bias.

The 50CB held for additional bear selling, but this was stalled at the LB.  When the 50cb was broken, it was another bullish indicator.  This break is followed by a trend with the EMA as resistance.

The +5 and +10 LB BO was hit early, and was available in the trend run after the LB held.