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Here's the relevant chart that pointed out (a) the hgh probability of a bounce (the divergence is shown at the spot marked 'A', and the green bars indicate that it's also deeply oversold on the smoothed %R).
The yellow dot marks the point in time that the USRant was published (thanks mostly to a phone call from RedMenace that woke me up... otherwise it might not have gone out until after 4 p.m....)
And the point marked 'B' shows CCI extremely overbought - even though %R had not yet hit overbought, the time was right to nail it & bail.
OK... with that in mind, here's the chart:
Euro Futures (ECZ5) Hourly Chart
