Jump to content



Photo

OBV


  • Please log in to reply
1 reply to this topic

#1 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 21 February 2008 - 09:22 PM

Alerted on another board, check out SSO OBV.
It's going to be a narrow exit, a lot of volume trapped by price failure.
All that OBV pressure for a price failure, buckle up, or is that buckle down.

Conversely SDS OBV is constructive and says a lot about actual position
sentiment. Even I did some buying in there, what a fool I am.


Posted Image

Edited by AChartist, 21 February 2008 - 09:24 PM.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#2 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 21 February 2008 - 09:39 PM

The leading smallcap sector giving it up, lots of key reversals in the stock charts.

SDS may have finished a minute wave which could be W1 on the 60 minute.
It may not be off to the races first thing but you know which
way the surprises go. Textbook impulsive movement.



Alerted on another board, check out SSO OBV.
It's going to be a narrow exit, a lot of volume trapped by price failure.
All that OBV pressure for a price failure, buckle up, or is that buckle down.

Conversely SDS OBV is constructive and says a lot about actual position
sentiment. Even I did some buying in there, what a fool I am.


Posted Image


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan