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S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.38
(
-0.25%
)
Bitcoin
61,357.88
(
0.92%
)
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weazelboy

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weazelboy

Re: None

Wednesday, 08/16/2017 5:13:43 PM

Wednesday, August 16, 2017 5:13:43 PM

Post# of 46662
Seriously, I would be totally jazzed about today's candle and action if it was supported by volume. Look at every other long candle on this chart and how much volume there is on those days. Today is WAY less than most of them. Also, what's the deal with the 50 SMA curling downward today after such a big up day? LOL.

The only positive to me is that money flow still appears to be very strong. However GDX definitely needs to break last weeks high and stay above it. Then...needs to break the LT downtrend line WITH HUGE VOLUME to confirm a true breakout.



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