GD-160411-CCI-VSA-G1W-POKER_FACE

By eldeivit
An speculative idea of GDWe can see how the volume have a big drop down starting the week, meaby can be a hammer at weekly end, or continue the drop. The RSI (price) have space for a big down and the VSA_CCI is recuperating or simply will be down a "little". The Heikin Ashi of the volume weighted price is forming a descending wedge and is easy the route to the 0.328 of fibo.

Target 1: 115
Short for few weeks
“stocks do not rise in price unless demand exceeds supply. Demand is measured in volume and thus volume must precede price.”

Joe Granville
Falling WedgeVolume Indicatorvolume-weighted

Related publications

Disclaimer