- Three lower lows and lower highs ---
- below VWMA (early) -
- Decreasing volume --
- Bearflag setup on daily ---
- Good volume in the demand zone ++
- IF market shows strengths next week, possible that it tests 625 zone, where it runs into big supply. Breakdown there could slide this to recent low near 500.
Giao dịch đang hoạt động:
Volume still low, and into heavy supply...I expect weakness to start soon.
Giao dịch đang hoạt động:
Today is the day ramp down has started...let's see if there is follow through.
Bình luận:
Bingo..first target 560
Giao dịch được đóng thủ công:
I still have short bias, but hard to stay in the trade with the current price action. Price above VWMA could push higher.
Bình luận:
Leaders lead...formed a flag on daily and brokeout for the test of ATH.