This rally is going to be a defining moment. Since the break of the 50 day moving average, this market has been on a declining volume rally. We have a possible head and shoulders pattern in place, depending on the close over the next day or two. Here's a few charts to look over. Take a look at volume, BOP, TSV, and 3C
Monday, November 09, 2009
Chasing the Rally?
Posted by Brandt at 2:44 PM
Labels: 3C, balance of power, bop, divergence, head and shoulders, low volume, rally, spy, StockFinder, Telechart, time segmented volume, tsv, Worden
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