First 15 min bar of the day had higher volume than any opening bar in the last 20 days. This was on a big price drop. Would this not qualify as a supply shock and imply that lower prices are ahead?
(Somewhat of a rhetorical question because Carl rarely answers questions in the comments, but perhaps other commenters would want to pose their answers.)
First 15 min bar of the day had higher volume than any opening bar in the last 20 days. This was on a big price drop. Would this not qualify as a supply shock and imply that lower prices are ahead?
ReplyDelete(Somewhat of a rhetorical question because Carl rarely answers questions in the comments, but perhaps other commenters would want to pose their answers.)