This is a calculator i created to organize specific variables across multiple time frames in order to get a mathmatical probability of directional bias for the upcoming day.
Click video to learn more
Monday, August 20, 2012
Absorption Volume on the close = Premise
Today we saw the result of what appeared to be absorption volume on Fridays close.
Tight Range for more than a day and high volume around New Highs on the 4500, 13,500 tick and 15 Minute.
The Daily showed Hammer bar with Rambo and low volume into NEW HIGHS!
This was indicating the high potential for an early selloff.
Recap Notes
Tight Range for more than a day and high volume around New Highs on the 4500, 13,500 tick and 15 Minute.
The Daily showed Hammer bar with Rambo and low volume into NEW HIGHS!
This was indicating the high potential for an early selloff.
Recap Notes
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