GE’s 1st hour volume came in well over 1/3 of yesterday’s total volume
8,008,000 vs. 18,653,700
Having broken a 5 day VTL it appears that a major cycle low is in for GE but what low is it? The 1st 2.5wk low that follows the 5 wk low?
This is GE’s 10thTD from the 8/23 low that may have been its 5wk low.
High so far is 34.15 that took out both yesterday and Tues intra day highs.
rtq =34.05 indu -51.31 spx -5.89 compq -12.94
gl/gt
chris
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