We are so out of volume that a correction is even more likely. Everyone is waiting, but somewhere along the line, patience runs out.
This can simply be seen from the moving averages and how much volume has been used up. In 80% of the cases with such a moving average, there is always a correction, at least up to 50vwma (black).
And from the running out of volume, one can conclude that we will soon (I think tomorrow) start with a big breakout.
This can simply be seen from the moving averages and how much volume has been used up. In 80% of the cases with such a moving average, there is always a correction, at least up to 50vwma (black).
And from the running out of volume, one can conclude that we will soon (I think tomorrow) start with a big breakout.