Buying pressure at the close today made a recent low as indicated in the red circle. The yellow lines are areas of previous lows and the red lines are subsequent price movements.
Usually the buying pressure displays positive and negative divergences.
We do not have a positive divergence setup yet.
Keep following JustSignals using Twitter, @StockTwits or Follow By Email.
Just submit your email address in the box on the Blog homepage
This has been posted for Educational Purposes Only. Do your own work and consult with Professionals before making any investment decisions.
Past performance is not indicative of future results
Just submit your email address in the box on the Blog homepage
This has been posted for Educational Purposes Only. Do your own work and consult with Professionals before making any investment decisions.
Past performance is not indicative of future results
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.