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Pasta Boss, that cumulative tick chart was very smooth.
Here is the volume profile (on a Renko) for the same period. Clearly this is not a normal distribution. Makes for a very obvious target range when we get some bumps in the road.
Trades with cats wrote:Pasta Boss, that cumulative tick chart was very smooth.
Here is the volume profile (on a Renko) for the same period. Clearly this is not a normal distribution. Makes for a very obvious target range when we get some bumps in the road.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Breadth WEEKLY
Hey PINK: more than 64% of stocks are above their 50ma; that’s not too shabby
But with all those new highs on price, as usual I expected moar
WEEKLY as of Friday’s close [EOD]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:Breadth WEEKLY
Hey PINK: more than 64% of stocks are above their 50ma; that’s not too shabby
But with all those new highs on price, as usual I expected moar
WEEKLY as of Friday’s close [EOD]
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.