Just a quick update as a follow up for Major Distribution Day and the Magic Number Three.
We had a Major Accumulation Day today, so the previous Major Distribution Day is cancelled again the 3rd time. This means no more follow-through Major Distribution Day is expected in a very short time.
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what does it mean?
ReplyDeleteas per your chart ... prices up (and man where they up) and volume down (one of the lowest volume days in a while) = most bearish
ReplyDeleteHi, I love this blog. But my Norton program tells me there are problems on this website:
ReplyDeleteCobra, please check whether that is true.
Best, Joern
Threat Name: Trojan.Giframe
Location: http://lh6.ggpht.com/_P0TlxCObsfU/SZ9E5TBFIRI/AAAAAAAAAOI/DBIefc2Q7vw/s400/cry.png
Threat Name: Trojan.Maliframe!html
Location: http://lh5.ggpht.com/weird.part.2/R12N95FUM9I/AAAAAAABC6k/ab0CcXmqlFA/s800/shradhha_img.jpg
Threat Name: Trojan.Maliframe!html
Location: http://lh6.ggpht.com/weird.part.2/R12N_JFUM_I/AAAAAAABC68/Yi7dl6okp_g/s800/img-shraddha.jpg
Joern, my virus software doesn't tell me anything. Alos these png seem not mine.
ReplyDeleteChaugner, price up volume down is bearish, but the market can keep going up with price up volume down for very long. It's very common for the bear market rally.
Anonymous, this post is just a follow up, telling bears that no follow-through major distribution day for sure now.
Found the site by accident , interesting
ReplyDelete