Bearish engulfing on the weekly chart.
I would like the volume to be a little higher, but I think it is enough for a good 1 or 2 week play.
Will update as necessary.
Hey Guys,
Looks like Accumulation on the 2 hour chart.
Volume is greater than the last two bars, so it implies a move up from there.
Volume is a LITTLE too high, I would prefer it to be right above the last two bars, but you hardly ever get perfect conditions.
Looking to close this tomorrow morning.
Thanks.
Looks like deaccumulation on the TLT 4hour chart.
Volume is a little higher than I would want it to be, I would normally want volume just below the last two trading sessions not necessarily as much as it is.
But still looks good enough for a kick overnight trade.
I already entered a short earlier today, Sept 16 puts 147 strike price I believe.
Thanks.
Hey Guys,
Bearish engulfing candle on GDX weekly chart.
Entered into 1 put contract of NUGT expires in a couple weeks.
I wish there was more to say about this but thats about it. Once again I prefer higher volume but the way it is decreasing for last several sessions implies a reversal.
Thanks
Hey Guys,
Looks like SPY accumulation on the 4hour and daily chart.
The pin bar isn't perfect, I would prefer that it is below the last daily candle, but still looks applicable enough for a short term trade.
I pointed out the volume because it has been decreasing the last 3 or 4 trading sessions, usually I look for more volume than the last two trading days on...
