Keep an eye on P to form a double top. A break at 23.77 on expanded volume confirms it. The large gap proceeding the base of the mountain could make for a rapidly accelerated meltdown.
Comments
Jonny_Nine44
⋅
agreed, great chart - note the large "tweezers" on the 1m right where we hit 27.49 again today foreshadowing a text book reversal at that moment.
Jonny_Nine44
⋅
agreed, great chart - note the large "tweezers" on the 1m right where we hit 27.49 again today foreshadowing a text book reversal at that moment.