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In this trader training video Brannigan explains the 4 Characteristics of a trend day which are:
1. Shallow pull-back
2. High level absorption
3. Auctioning initiative
4. Low volume areas
He looks at the Dax on a 5 minute chart. During cash open market gaps up very aggressively. He also looks at it on a 30 minute chart, Brannigan shows an example in the Market Profile, to see the Footprint example sign up here axiafutures.com/
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