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Alternating reversal bars continued to identify congestion. This was the eighteenth bar. It was also 2:15 in the afternoon. Quite often the S&P will make a significant move between 2:00 and 2:50 p.m. I wondered if this was a day in which it wouldn't. I redrew the segment of the trend.

By now watching the S&P was getting boring. It seemed as if the excitement was over for the day. However, I was determined to grind this out for purposes of writing this book. I didn't know but that there was a great lesson just ahead.

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