Tuesday, April 25, 2017 10:39:59 AM
Forks & 2400
So far, two full gaps higher in a row. A little unusual in a sideways market.
So ... does it stop at 2,400? Up and down forks intercept there.
There are names for gaps: exhaustion gaps, continuation gaps, etc.
Problem is, you only know for sure when it's over.
I don't know much about forks except it's more polite to hold them with your fingers than with a clenched fist.
I'll guess price gets to 2,400 (again) and that becomes the top of yet another sideways channel which persists until it doesn't. There's some sort of quote about May and going away but I don't recall what it is.
So far, two full gaps higher in a row. A little unusual in a sideways market.
So ... does it stop at 2,400? Up and down forks intercept there.
There are names for gaps: exhaustion gaps, continuation gaps, etc.
Problem is, you only know for sure when it's over.
I don't know much about forks except it's more polite to hold them with your fingers than with a clenched fist.
I'll guess price gets to 2,400 (again) and that becomes the top of yet another sideways channel which persists until it doesn't. There's some sort of quote about May and going away but I don't recall what it is.
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