A pair of Range High/Low Opening signals in the NQ and the SMH tipped the scales right from the get-go that a bearish trending day was at hand. But since these two instruments seemed already too far advanced to get in on a position, the Trader would most likely have looked elsewhere for a setup. And it was easily found in the mini-Dow, symbol YM and the mini-Russell, symbol MR. A pair of triangle tops in a Test-and-Reject formation pleaded for recognition in the first few minutes of the day, while the NQ and SMH were virtually collapsing. The breaks were worth about 8 pts in the MR and at least 100 in the YM before any bounce of merit registered on the charts at all. Study the 1st Hour Time Period setups from Pivots, Patterns and Self Recognition for these and other setup signals.(click image to enlarge)