a tendency 24-hour interval to the upside; I approximate it's alone fair that the marketplace exhibit us to a greater extent than or less dynamics of a candidate tendency 24-hour interval to the downside.
What are the tells?
* Inability to accept out overnight highs on economical news;
* Break below the opening cost hit (blue line);
* NYSE TICK consistently negative;
* Intermarket themes exhibit rigid dollar, weak commodities;
* S&P 500 sectors consistently downwardly from their opening prices;
* S&P 500 Index trading consistently below its volume-weighted average price;
* Volume inwards ES futures consistently hitting bids over lifting offers;
* Price consolidations at successively lower prices (blue arrows above).
If this is a tendency 24-hour interval to the downside, the Th lows should forthwith human activity every bit resistance for whatsoever midday bounces.
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