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A few thoughts for Monday Morning
A few thoughts for Monday Morning
Yesterday was a nasty day..One thats not totally unexpected as the signs were there. As we have been posting all day. We have been seeing major distribution days in the market for 2 weeks. Check again the volume pattern. Notice the how the volume is heavier on red days then green days …
NEP got destroyed… and I’d like to address that.
You should read this —
this is what we had in the blog yesterday as kind of what we expected. We now have had 3 major distribution days during the past two weeks. While the market has been resilient, it’s tough to ignore what’s going on in this consolidation range. See the big nasty red down …
We now have had 3 major distribution days during the past two weeks. While the market has been resilient, it’s tough to ignore what’s going on in this consolidation range. See the big nasty red down days..they are followed up weak up days.. Thats a distribution pattern. My guess today …