View Single Post
      10-12-2011, 12:40 AM   #351
mact3333
Captain
mact3333's Avatar
41
Rep
781
Posts

 
Drives: 11' Audi S4
Join Date: Mar 2011
Location: Pacific NW

iTrader: (1)

We had indecision candle today where bulls couldnt expand the price range...shows bulls are tiring...short term top likely now...could see selling for next few days to relieve overbought conditions...we also have strong selling on strength today...odds favor short term top.

How low we go depends on what volume is doing...if we decline on shrinking volume, selling will be corrective...if volume pattern increases then something else could be up.