One of the best true trend days that we've seen in quite awhile!
I've posted a chart of the 50,000 volume footprint chart. This chart highlights the amazing high volume one time framing action printed today.
It's one of those unusual structural charts that does not print very often!
Trend Day Metrics in Play:
Volume above 45 day average -- Check
TICK distribution firmly positive with only 1 sub -600 reading all day long -- Check
A/D solid base near +2000 -- Check.
In sync indexes and sectors -- Check
Relentless strength at previous Resistance 1,150 -- Check.
I'm sure that I left a "check" or two out but what a picture perfect trend day to trade.
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