Friday, December 19, 2014

Another Buy Response

A few structural cues to point out from today's action.

New all time highs and minor sell response from that for a day trade.

Highest volume day of the year. Initial balance volume off of the charts.  Great information to frame day trade ideas with.  Highest volume print since fall of 2011.  And let's see what happened back then.



But looking for the buyers to show up again pre-holiday.



 

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