:: actio-et-reactio ::
amg's market charts and blather
I asked myself that as I updated the 30m Vold chart. The longer green lines showing the SPX is slightly lower on the close than it was on Jan 4, but still has a net higher Vold. The orange lines are negatively divergent, shoing more volume in the decline today relative to Vold on the 13th when the SPX was lower (but in a congestion zone). What to do, what to do.
The weekly ES is on a weak sell signal, with 1163 an interesting support point. A reversal between here and 1163 would likely qualify as sufficient enough a pullback for another run up. Short of a catastrophe, this looks the likely scenario to me.
|
moon phases |
At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows
blather: nonsensical talk.
At times my analysis log, at times sharing what I've learned. Always my own work and views.
Content: amg
Basis: glish & bluerobot
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