looks like gu is forming a nice top reversal
4 days ago wide spread up bar ave vol
3 days back narrow spread average volume bar
2 days back low vol narrow spread bar on effort to rise
today result .... closing on lows.
look for any up moves on 15 min charts to be sold into ...
no demands ( low volume up bars into new highs)
end of a rising market
upthursts
buying climaxes
are what we look for
4 days ago wide spread up bar ave vol
3 days back narrow spread average volume bar
2 days back low vol narrow spread bar on effort to rise
today result .... closing on lows.
look for any up moves on 15 min charts to be sold into ...
no demands ( low volume up bars into new highs)
end of a rising market
upthursts
buying climaxes
are what we look for
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