Thank you. There are signs of potential exhaustion in DJI as well - a harmonic pattern forming under a key level, together with Money Flow Index (volume-weighted RSI) divergence
More simply put, there's been more selling than buying this week, yet price ends the week at a high.
Further, the 4 hour candle starting at 10 am Eastern Time has been a high-volume red candle every day this week, including Friday.
More simply put, there's been more selling than buying this week, yet price ends the week at a high.
Further, the 4 hour candle starting at 10 am Eastern Time has been a high-volume red candle every day this week, including Friday.