Note the megaphone pattern denoted by the red dashed lines.
The Sharp V from Thursday weak close to Friday's strong open caused the 5 min pattern we highlighted last week to nearly come back to top of the bell/megaphone upper resistance.
|30 min showing A/D at the bottom.. note the crush to -1000 Thursday @ close. then spike back up to 0 line into friday's close|
Also note the inversion of buy volume vs sell volume denoted by the red arrows at bottom of chart "volume vortex".. not what happend after green crossed up through red on monday morning........
No content provided within the pages of "hedge accordingly" or "HedgeLy" "trade for profit" constitutes investment advice. Neither Hedge Accordingly or it's authors offer advice or recommendation to buy or sell any security. "Hedge Accordingly" is not a financial advisor and does not recommend the purchase of any stock, option, futures contract or offer advice on the suitability of any trade or investment. Actions you take as a consequence of any analysis, opinion or advertisement within the pages of Hedge Accordingly are your sole responsibility and at your discretion. Any content is to be used for educational purposes only.
Any links provided here to other web sites are for informational purposes only. We take no responsibility for the accuracy or content of linked sites. -Contact -