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    • Sutts replied Aug 19, 2011

      I posted Dean last night about this very issue..... is an NBT really valid immediately after a strong reversal like this? I feel much more comfortable taking NBTs when the PA range to the left roughly matches the outer bands. Hope to get some ...

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    • Sutts replied Aug 19, 2011

      I agree the DT is old and not relevant to that setup. However, the setup was an NBT so.... 1. NBT setups don't need a DT/DB to be validated. 2. I believe NBT setups need support from prior ranging action S/R around the outer band area. This previous ...

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    • Sutts replied Aug 19, 2011

      I think WBR was saying it wasn't an immediate double top - I see the prior double top in support of the NBT play which gives strength to the setup IMO. We could be seeing a fresh DT on AU right now.

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