Here we see the 287 Daily Gold cycle has been working well for some time.
Gold is still working through the demand and supply battle of this apex.
Original Post: http://ift.tt/2peswCg
Monday 24 April 2017
Cycles are present in the Gold Price
Cycles do exists in the market, and it PAYS to know about them!
Here we see the 287 Daily Gold cycle has been working well for some time.
Gold is still working through the demand and supply battle of this apex.
Original Post: http://ift.tt/2peswCg
Here we see the 287 Daily Gold cycle has been working well for some time.
Gold is still working through the demand and supply battle of this apex.
Original Post: http://ift.tt/2peswCg
Saturday 15 April 2017
Good and Bad Accumulations
Not all 'Causes' or accumulations (or distributions) warrant a trade, some are good and some are not, it is the readers job to determine which are more Mr Hyde or Mr Jekyll.
The Law of Cause and Effect
In order for there to be an effect (change in price), there needs to be a cause. The effect will be in direct proportion to that cause. Best price moves occur when there has been enough time to allow for a period of accumulation or distribution (or in other words a cause).
More from RTT Tv
Original Post: http://ift.tt/2ozoZMA
The Law of Cause and Effect
In order for there to be an effect (change in price), there needs to be a cause. The effect will be in direct proportion to that cause. Best price moves occur when there has been enough time to allow for a period of accumulation or distribution (or in other words a cause).
More from RTT Tv
Original Post: http://ift.tt/2ozoZMA
Saturday 8 April 2017
Alphabet Inc suffers distribution
There is something going on at GOOGLE.
Large down swings on high volume over the last 6 months. Kinda get the feeling the month end earnings report (April 27 2017) may have a few negative surprises. We have seen the stories that advertisers are unhappy with the shot gun approach used by google to apply advertising dollars. Some one is unloading!.
A high volume downswing can be bullish if the damage to the trend is not too bad and are infrequent, but when you see 5 down swings where the volume is greater than the up swing, you just have to conclude prices are being held up by the market makers to allow some big whale to sell at very good average prices.
Our readtheticker.com customised OBV tool (RTTOBV-Trend (Daily)) shows the trend has changed for the price volume pressure as it shows divergence. Warning, and suggest to investors be careful out there!
It is true however the Wyckoff law of Effort vs Results would suggest with all this volume on the down swing and it has yet to do serious price damage it can be considered bullish. This is true, however it still is not a great sign, while other stocks can be considered as they show better price and volume action health.
The point is the next high volume swing, maybe a feather that breaks the trend.
Original Post: http://ift.tt/2nWu3JF
Large down swings on high volume over the last 6 months. Kinda get the feeling the month end earnings report (April 27 2017) may have a few negative surprises. We have seen the stories that advertisers are unhappy with the shot gun approach used by google to apply advertising dollars. Some one is unloading!.
A high volume downswing can be bullish if the damage to the trend is not too bad and are infrequent, but when you see 5 down swings where the volume is greater than the up swing, you just have to conclude prices are being held up by the market makers to allow some big whale to sell at very good average prices.
Our readtheticker.com customised OBV tool (RTTOBV-Trend (Daily)) shows the trend has changed for the price volume pressure as it shows divergence. Warning, and suggest to investors be careful out there!
It is true however the Wyckoff law of Effort vs Results would suggest with all this volume on the down swing and it has yet to do serious price damage it can be considered bullish. This is true, however it still is not a great sign, while other stocks can be considered as they show better price and volume action health.
The point is the next high volume swing, maybe a feather that breaks the trend.
Original Post: http://ift.tt/2nWu3JF
Sunday 2 April 2017
RTT Chart Review 4 - XLF, BAC, WFC
Lets review the banking sector. The 'potential' of changes to DodFrank on the TRUMP election win sent banks stocks rocketing higher, but will prices hold at these highs!
More from RTT Tv
Original Post: http://ift.tt/2o0gTOU
More from RTT Tv
Original Post: http://ift.tt/2o0gTOU
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