It looks like a long white candle which closes near the high of the day often halts much more progress.
http://stockcharts.com/c-sc/sc?s=$TICK&p=D&yr=0&mn=6&dy=0&i=p55679360116&a=27881618&r=5210.png
High tick close
Started by
Rogerdodger
, May 12 2008 09:31 PM
2 replies to this topic
#1
Rogerdodger
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#2
SemiBizz
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Volume Dynamics Specialist
Posted 12 May 2008 - 09:47 PM
Nothing like a little hysteria on light volume eh???
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
Rogerdodger
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Posted 12 May 2008 - 10:27 PM
Note the narrowing VIX BB's.
http://stockcharts.com/c-sc/sc?s=$VIX&p=D&yr=0&mn=6&dy=0&i=p35055608537&a=27927380&r=8241.png
http://stockcharts.com/c-sc/sc?s=$VIX&p=D&yr=0&mn=6&dy=0&i=p35055608537&a=27927380&r=8241.png
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
