'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Thursday, March 8, 2012

The market gap up in the open then drops after an hour or so to make room for the profiteers.

It is forming a (little) cup with a handle as of this posting in the futures market.

Buying at the consolidation is the most appropriate to enter as far as I can see.