It certainly looks like a bull flag forming today, so it is possible that it will play out tomorrow, when the 15 minute chart rolls back up into positive territory.
However, if it fails… the selling will start. I think the Initial Claims, and Continuing Claims numbers will be bad, and that will be the reason to start the selling again.
I think I'm in agreement. The down candles have had huge volume vs. the up candles lately and today is the opposite. So I wouldn't doubt a move up still before sellers come in aggressively.
day is not over yet but thanks!
I missed it? What was it saying?
Did anyone take a snapshot of Dow 10,000 and up. just missed it.
Wow!!! i think Monica called it. congrats.
Not anymore …
Looks to me like the 60 minute came up to the 50, barely pentrated it and is holding w/ MACD flat rsi 53.
Do not know if they can pull off another run
It certainly looks like a bull flag forming today, so it is possible that it will play out tomorrow, when the 15 minute chart rolls back up into positive territory.
However, if it fails… the selling will start. I think the Initial Claims, and Continuing Claims numbers will be bad, and that will be the reason to start the selling again.
I think I'm in agreement. The down candles have had huge volume vs. the up candles lately and today is the opposite. So I wouldn't doubt a move up still before sellers come in aggressively.
It was just a temporary picture of a balloon… not a chart. You didn't miss anything.
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