CSCO.gap.update.Looked.at.accum/dist.lately? Wow, something is way out of kilter here and I’m only showing a short version. On Balance Volume is being distributed as “They” continue taking turns upgrading it. On one hand, if the big boy’s desire is rotation recovery as the spin the whole thing up, then I would think they have enough ammo to catch it when it falls. You should see this same chart since December. Who is buying this sssssss “stuff” and who is distributing it? On the other hand, Hmmmmmm! The three intersections, ”large course red lines”, represent a major decision was made. The fine course red vertical lines show where divergence starts and CSCO’s stock price and On Balance Volume seems to run on adrenalin while distribution is taking place. The fine course green vertical lines show the end of each session. The 1 year chart scares the *&^%$ out of me. Now I’m not saying this can’t continue…just that It’s interesting :)
CSCO gap chart plus hmmmmm:)
Now for the QQQ chart, It’s nothing like CSCO. The stock price, On Balance Volume indicator and the acum/dist indicator are all relatively pointed the same direction, up. The QQQ chart has many support levels that E-wavers just love entertaining…accumulation/distribution is on the extreme side but maybe that’s part of that rotation recovery thing. Anyway all the possibilities in the right margin for do not necessarily have to happen…. It could just run flat into expiration At the most, I was board! The least, It’s an interesting theory of possibilities…. Don’t forget to check out the 1 year for CSCO