Looking for a Transition

Looking at a possible transition pattern in the ES market: high volume selling becomes low volume selling becomes net buying. We need to see new highs in TICK to confirm influx of buying; less selling alone won't move a market higher.

Comments

[Larry House:]

True. The course of least resistance is always lower. Where can conviction to buy come from in this environment? A good employment number Thursday?

Jun 30 04:17 PM

[BigJake:]

They don't post your stuff fast enough Brett. You should plug your blog website. That thing is awesome for technical analysis

Jun 30 09:07 PM