OPEN was at 3983, out of value but inside range from yesterday and at the overnight trading low. So far we had one range extension to the downside in C period.At the end of the day we only had three more small range extensions to the downside in I, K and L period. That is … Continue reading 11/16 Normal Day
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11/15/22 PPI Day Double Distribution Trend Day
PPI was released this morning at 5:30 am. We are opening well above the spike that was left from yesterday in M period. A sudden change in perception of value pushed price much higher in overnight trading. We are opening with a gap to the upside, out of range and out of value. There was … Continue reading 11/15/22 PPI Day Double Distribution Trend Day
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