15min trend anticipates the 3min DP sell

Here is another perfect example, this time on the Russell Index (TF).

As we can see from the 15min TF charts, after the Russell had rallied off the DP low (which nails the low perfectly !), it reached a DP resistance level. So, knowing that the 15min Chart was at a DP resistance zone, and as such a high was possible. You were then OK to look for any sell signals on the 3min Chart.

So let’s now take a look at the 3min Russell and see what unfolded at this high............

Thanks, Steve