I wasn't sure how much the market was going to correct, since the Advance - Decline Line is still trending upward. However, once the market traded past the overnight low, the gap was closed, and market symmetry was completed following a 62% correction.
The charts above are self explanatory. In the first chart, the typo should read "0947 ET $TICK Bearish Divergence."
Charles
No comments:
Post a Comment