ZOMZomedica looks like it will be a winner once its veterinarian office lab testing product launches on March 30 . ZOM stock is already up 850% so far this year. In fact, it peaked at $2.70 in early February in anticipation of this product launch.Moreover, the company has very smart about taking advantage of its huge price spike. On Feb. 8, it raised another $185.4 million. In fact, as of Feb. 26, Zomedica had an astounding $277.5 million in cash on its balance sheet, based on an 8-K filing
Balance
November 22 Market Update | Technical, Fundamental, NewsDescription:
An analysis for the week ahead.
Points of Interest:
$3,580 Balance-Area Boundary, $3,506.25 Excess Low.
Technical:
After an initiative upside drive on news that another COVID-19 coronavirus vaccine developed by Moderna Inc (NASDAQ: MRNA) was 94.5% effective, U.S. index futures pared gains as participants struggled to maintain higher prices, evidenced by the non-presence of committed buying and low-excess at the edges of balance.
Given that Friday’s session failed to negate Wednesday’s spike liquidation by moving back into the micro-composite high-volume node at $3,557, the fairest price to do business during the prior week’s balancing activity, initiative sellers remain in control. As a result, knowing that prior end-of-day spikes were the result of weak-handed, short-term buyers liquidating in panic, the selling moved prices away from value and didn’t attract increased participation, and Friday was a monthly options expiry, traders can carry forward the following framework.
If the auction remains in or below the prior selling activity, then initiative sellers remain in control and the liquidation could be the start of a new trend lower, confirmed by trade beyond the $3,506.25 excess low. Otherwise, there is the potential for a failed break-down in which participants rotate back over the $3,580 balance boundary.
Fundamental:
In a commentary, BlackRock discussed the staying power of growth stocks after the COVID-19 coronavirus pandemic.
We believe this year brought a sort of forced adoption necessary for future business survival, a dynamic likely to continue for companies that want to be competitive in a post-COVID world. That means demand could continue to edge higher for providers of these products and services. One example: Many consumers swapped gym memberships for connected home fitness equipment. The initial demand spike may recede, but many of these consumers will be multi-year subscription payers and likely to become more firmly entrenched in an ecosystem of products offered by a certain company.
Simply put, BlackRock suggests trends supercharged during the pandemic have been in place for years, providing them staying power. The COVID-19 acceleration liquidated the market of those businesses not equipped to survive disruption, thereby allowing those that remain greater market share.
Key Events:
Monday: Chicago Fed National Activity Index, Markit Manufacturing PMI Flash, Fed Daly Speech, Fed Evans Speech.
Tuesday: House Price Index MoM, CB Consumer Confidence, Fed Bullard Speech, Fed Williams Speech, Fed Clarida Speech.
Wednesday: MBA Mortgage Applications, Durable Good Orders MoM, GDP Growth Rate QoQ 2nd Est, Continuing Jobless Claims, Core PCE Prices QoQ 2 Est, Corporate Profits QoQ Prel, Durable Goods Orders Ex Transp MoM, GDP Price Index QoQ 2nd Est, Goods Trade Balance Adv, Initial Jobless Claims, Jobless Claims 4-Week Average, PCE Prices QoQ 2 Est, Core PCE Price Index YoY, Michigan Consumer Sentiment Final, PCE Price Index YoY, Core PCE Price Index MoM, Michigan 5 Year Inflation Expectations Final, Michigan Inflation Expectations Final, New Home Sales MoM, PCE Price Index MoM, Personal Income MoM, Personal Spending MoM, EIA Cushing Crude Oil Stocks Change, EIA Distillate Stocks Change, FOMC Minutes.
Recent News:
The gap between vaccine hopes and pandemic reality poses market hazard. reut.rs
Pfizer Inc (NYSE: PFE) files COVID-19 vaccine application to the U.S. FDA. reut.rs
Fannie, Freddie regulator looks to end government control before Trump exits. reut.rs
EM looks to 2021 as Goldman Sachs Group (NYSE: GS) adds bullish calls. bloom.bg
The second lockdown weakened U.K.’s growth and fiscal outlook materially. bit.ly
The EU digital chief, tech giants call on new rules rescheduled to December 2. reut.rs
G20 leaders have pledged to fund the fair distribution of COVID-19 vaccines. reut.rs
Recent FSB updates won’t change capital requirements for important banks. bit.ly
New COVID-19 virus restrictions heighten downside risk for European banks. bit.ly
Drop in associated gas production offers a lifeline for pure-play gas producers. bit.ly
Technology startups are looking to raise more after the COVID-19 disruption. bit.ly
World Reimagined: Nasdaq on what the new economy looks like post-COVID. bit.ly
Consumers are looking at new ways to get health care, buy cars, eat and work. on.wsj.com
How operating leverage may help to narrow yield spreads as COVID subsides. bit.ly
If Democrats win the runoffs for GA’s two Senate seats, expect larger stimulus. bit.ly
How a broader equity market rally would help enhance corporate credit quality. bit.ly
The Fed chief suggests it is too soon to put away its emergency recovery tools. bloom.bg
Options markets show risks over the next twelve months reduced considerably. bit.ly
The third-quarter bullish earnings cycle should not be dismissed by the market. bloom.bg
Key Metrics:
Sentiment: 44.4% Bullish, 29.3% Neutral, 26.4% Bearish as of 11/18/2020. bit.ly
Gamma Exposure: (Trending Neutral) 2,325,158,176 as of 11/13/2020. bit.ly
Dark Pool Index: (Trending Neutral) 43.8% as of 11/20/2020. bit.ly
Disclaimer:
This is a page where I look to share knowledge and keep track of trades. If questions, concerns, or suggestions, feel free to comment. I think everyone can improve, especially me.
In no way should this post be construed as investment advice.
November 15 Market Update | Technical, Fundamental, NewsDescription:
An analysis for the week ahead.
Points of Interest:
Four-Day Balance, $3,580 Spike Base, $3,506.25 Excess Low, Friday’s Late Rally Away From Value.
Technical:
Broad-market equity indices ended the week mixed with S&P 500 closing at a new all-time high.
During Last Week’s Action: Alongside the unwind of election hedges and news that a vaccine developed by Pfizer Inc (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) was effective in preventing cases of the COVID-19 coronavirus, market participants showed increased confidence in their exploration of higher prices.
Going back, last week started off with a clear break and acceptance above the $3,500 high-volume area, which suggested initiative buyers were firmly in control. Index futures pared gains after Monday’s end-of-day spike liquidation, balancing for the remainder of the week.
Given Friday’s end-of-day rally, away from value, the week ended just above the balance area, providing a clear trading framework for the week that follows. Therefore, if participants were to continue their initiative activity and spend time outside of the balance area, then it's likely the market will continue higher. Otherwise, the potential exists for a failed break, which may precede re-entry into the prior balance area, and further range-bound, responsive trade.
Fundamental:
In a commentary, BlackRock discussed investing after the U.S. election and suggested more of the same market trends. bit.ly
“Joe Biden’s victory in the presidential race likely ushers in a near-term market environment dominated by low rates, a hunt for yield and growth stocks. A Democratic takeover of the Senate looks unlikely, which would constrain the Biden administration’s ability to implement large-scale fiscal stimulus and public investment, tax, healthcare and climate related legislation.”
Additionally, BlackRock cautioned investors to pay attention to economic data from the euro area and U.S., as well as watch for the government’s response to the resurgence of COVID-19 coronavirus cases which may pressure the pending recovery.
Key Events:
Monday: Fed Clarida Speech, Fed Daly Speech.
Tuesday: Retail Sales MoM, Industrial Production MoM and YoY, Business Inventories MoM, NAHB Housing Market Index, Fed Bostic Speech, Fed Daly Speech, Fed Williams Speech, Foreign Bond Investment, Overall Net Capital Flows.
Wednesday: MBA Mortgage Applications, Building Permits MoM, Housing Starts MoM, Fed Evans Speech, EIA Cushing Crude Oil Stocks Change, EIA Distillate Stocks Change, Fed Williams Speech, Fed Bullard Speech, Fed Bostic Speech.
Thursday: Continuing Jobless Claims, Initial Jobless Claims, Fed Mester Speech, Philadelphia Fed Manufacturing Index, CB Leading Index MoM, Existing Home Sales MoM, Fed Mester Speech.
Recent News:
Negative 2021 outlook as pandemic fallout weighs on economies. bit.ly
Pfizer Inc (NYSE: PFE) COVID-19 vaccine data is credit positive. bit.ly
Resurgent COVID-19 threatens corporate credit’s improved trend. bit.ly
Eurozone consumer prices likely to slide for the month of October. bit.ly
Joe Biden’s clean energy platform is very heavy on clean transport. bit.ly
US banks’ tightening of underwriting standards slows, but remains. bit.ly
IEA says oil demand will not get a vaccine boost until later in 2021. reut.rs
Sour China-Australia ties hit talks over a liquefied natural gas deal. reut.rs
Joe Biden’s path back to an Iran nuclear deal won’t be easy or fast. bloom.bg
A COVID vaccine would boost the global economy, but not at once. on.wsj.com
Alphabet Inc (NASDAQ: GOOGL) delivers internet with light beam. bit.ly
Monthly Funding Recap: Unicorns are born, funding holding steady. bit.ly
The IPO pipeline looks robust and these companies could go public. bit.ly
Dalio suggested markets are at a special moment with China's rise. bloom.bg
Wells Fargo & Co (NYSE: WFC) executives charged by the SEC. reut.rs
Ford Motor Co (NYSE: F) considers making its own EV batteries. reut.rs
U.S. consumer sentiment ebbs; producer prices maintain their rise. reut.rs
Insurers face questions on ability to cover claims after a Fed report. reut.rs
Key Metrics:
Sentiment: 55.8% Bullish, 19.3% Neutral, 24.9% Bearish as of 11/11/2020. bit.ly
Gamma Exposure: (Trending Neutral) 6,032,392,989 as of 11/13/2020. bit.ly
Dark Pool Index: (Trending Neutral) 43.1% as of 11/13/2020. bit.ly
Disclaimer:
This is a page where I look to share knowledge and keep track of trades. If questions, concerns, or suggestions, feel free to comment. I think everyone can improve, especially me.
In no way should this post be construed as investment advice.
BAL.USDT (Y20.P5.E1).Is it time to go longHi All,
While BTC does another ranging price action, the ALTs are coming into play.
BAL has a nice trend formation on the 8 hrly and now is at a strong resistance.
I have 2 scenarios where the resistance is broken decisively or its consolidated underneath this resistance layer.
Either way, looking at the MACRO structure, the following can be observed:
a) Wedge breakout confirmed ;
b) Daily and 2Day indicators look like turning bullish ;
c) The 8 hrly upward trend intact;
d) Macro found support at the 0.5 fib level;
e) Phoenix indicator in the bullish territory;
+ many more
DAILY CHART: Note the 10 and 20 EMA acting as support and the 50 currently resistance.
Bullish 3 candle setup on the daily.
All the best,
S.SAri
$BAL, Reached ATH BTC resistance level...$BAL
Reached ATH BTC resistance level...
Looking for interaction w/ this level for a potential breakout // R/S Flip as entry & signal of continuation...
UCTS showing buy signals across multiple low timeframes, the chart is too short for HTFs analysis..
#BAL
August 16 Market Update | Technical, Fundamental, NewsDescription:
An analysis for the week ahead.
Points of Interest:
Balance Area; Russell $1,600 Supply Area; Stronger Selling; Buyer’s Non-Committal; Market Still In Uptrend.
Technical:
Broad-market equity indices digested prior advances, evidenced by the non-separation of value.
Recapping last week’s action, Monday's higher open on pandemic relief efforts coming from the White House was erased on a liquidation to Friday’s range. Buyers later responded, establishing a v-bottom before resolving the contract adjusted all-time-high, overnight. After investors shrugged off news of simmering geopolitical tensions, Tuesday’s U.S. session gave back all advances, liquidating enough to repair the poor structure below $3,330.
Alongside news of resilient fuel demand, relative strength shifted to the Nasdaq Wednesday, with equity indices squeezing shorts and erasing the low-volume area left behind Tuesday’s liquidation. Thursday’s overnight activity caught up to Wednesday’s divergent delta, drifting lower alongside uninspiring political news. During the U.S. session, the S&P managed to pop higher, to and through the resting liquidity at the $3,375 area, before testing lower and closing in-range, neutral. The session’s narrative carried forward with Friday’s session ending the week in-balance and range.
In light of dull participation, the risks of a pullback have increased. Buyers lack the conviction to follow-through and sellers are beginning to step up on the liquidations that get rid of those weak buyers. The Russell 2000 closed the week off lower after coming to the $1,600 supply area. The Nasdaq, despite regaining relative strength, failed to make a new high, balancing out into week-end.
To see a positive change in tone, there needs to be separation of value beyond the all-time-high. Until then, the potential exists for a fast-moving correction of the poor structure left behind by the emotional, momentum-driven participants.
Scroll to bottom of document for non-profile charts.
Key Events:
NY Fed Manufacturing; NAHB Housing Market Index; Building Permits; Housing Starts; Initial Claims; Philly Fed Business Index; Leading Index; PMI; Existing Home Sales.
Fundamental:
Senate leaves until September without coronavirus relief deal. bit.ly
Coronavirus vaccine won’t become widely available to Americans until 2021. bit.ly
U.S. retail sales slow in July; obstacles mount for nascent economic recovery. reut.rs
Judge rejects a General Motors Company (NYSE: GM) case against Fiat Chrysler Automobiles N.V. (NYSE: FCAU). reut.rs
Fortnite maker sues Apple Inc (NASDAQ: AAPL), Alphabet Inc (NASDAQ: GOOGL). cnn.it
United States petroleum inventories show a gradual rebalancing. reut.rs
Economy not enjoying a V-shape recovery, but is instead on the verge of a W-shape. bit.ly
Trump’s executive orders to shore up the economy will not be sufficient. bit.ly
ARK Invest CEO and CIO recaps recovery, reasons optimistic perspective. bit.ly
JOLTS shows far fewer jobs added in than the department's NFP report. bit.ly
Market avoids the Great Recession’s calamities, but economy struggling. bit.ly
Credit quality worsened again as the effects of the pandemic continued to weight. bit.ly
Trading volumes remain elevated, even as volatility returns to more normal levels. bit.ly
Post-election regime should stimulate growth through capital friendly policies. bit.ly
New York’s statewide positive test rate has remained at 1% for two months. bit.ly
The new economy stocks drive markets, but recovery won’t be v-shaped. bit.ly
The budget deal changes the way financial markets look at the eurozone. bit.ly
Producer prices rose by the most since October 2018, following June decline. bit.ly
Weak revenue environment will lead to fiscal austerity and higher leverage. bit.ly
American Express Company (NYSE: AXP) in talks with Kabbage over acquisition. bit.ly
Amazon Inc (NASDAQ: AMZN) relaunches Twitch Prime as Prime Gaming. tcrn.ch
Tesla Inc (NASDAQ: TSLA) announces 5-for-1 stock split on August 31. bit.ly
Saudi Aramco sees a recovery in global oil demand, justifying export prices. reut.rs
COVID-19 will accelerate supply chain shifts in a more fragmented trade system. bit.ly
General Motors Company (NYSE: GM) jumps ship to join startup Stripe. reut.rs
Johnson & Johnson (NYSE: JNJ) to produce 1B vaccines by next year. reut.rs
Court reverses antitrust ruling against Qualcomm Inc (NASDAQ: QCOM). reut.rs
Facebook Inc (NASDAQ: FB) curbs ads by U.S. news publishers with political ties. reut.rs
Occidental Petroleum Corporation (NYSE: OXY) to cut debt before boosting output. reut.rs
Boeing Co (NYSE: BA) 737 MAX cancellations rise, deliveries drop as crises drags on. reut.rs
U.S.-China trade deal in fine shape, White House’s Kudlow says. reut.rs
Gold has had its worst day in 7 years, but investors remain bullish. bit.ly
The U.S. already is feeling the impacts of ending unemployment benefits. bit.ly
Goldman Sachs Group Inc (NYSE: GS), Barclays PLC (NYSE: BCS) bid for GM’s credit card business. reut.rs
Microsoft Inc (NASDAQ: MSFT) dual-screen Android phone to arrive September 10. reut.rs
Airbnb plans to confidentially file for an IPO in August. reut.rs
U.S. energy bankruptcy surge continues on credit, oil-price squeeze. reut.rs
Fed moves too far from mandate, fine tuning poses increased risks. bit.ly
Amazon Inc (NASDAQ: AMZN) eyes Sears, J.C. Penney stores for fulfillment. on.wsj.com
One-third of American renters expected to miss their august payment. bloom.bg
More than a third of Americans wouldn’t take a free and approved COVID vaccine. bit.ly
How did COVID-19 and stabilization policies affect spending, employment. bit.ly
COVID-19’s impact on commercial jet fuel demand is significant and uneven. bit.ly
Coronavirus shutdowns reduce consumption, shift energy costs to individuals. on.wsj.com
U.K.’s faster-than-expected recovery prompts BOE to lower impairments forecast. bit.ly
Intercontinental Exchange Inc’s (NYSE: ICE) Ellie Mae acquisition is credit negative. bit.ly
U.S. loan to Eastman Kodak Co (NYSE: KODK) won’t proceed if allegations remain. reut.rs
Shares of major airlines rose on increases in the U.S. TSA screening numbers. reut.rs
Federal Reserve announces post-stress test capital ratios for large banks. reut.rs
Sentiment: 30.3% Bullish, 27.8% Neutral, 42.1% Bearish as of 8/12/2020. bit.ly
Gamma Exposure: (Trending Lower) 5,235,179,076 as of 8/14/2020. bit.ly
Dark Pool Index: (Trending Higher) 43% as of 8/14/2020. bit.ly
Product Snapshot:
S&P 500 (ES): AMEX:SPY TVC:SPX
Nasdaq 100 (NQ): NASDAQ:QQQ TVC:NDX
Russell 2000 (RTY): AMEX:IWM TVC:RUT
Gold (GC): OANDA:XAUUSD NASDAQ:XAU AMEX:GLD AMEX:GDX
Crude Oil (CL): AMEX:USO AMEX:DBO AMEX:USL TVC:USOIL
Treasury Bonds (ZB): NASDAQ:TLT
Disclaimer:
This is a page where I look to share knowledge and keep track of trades. If questions, concerns, or suggestions, feel free to comment. I think everyone can improve, especially me.
In no way should this post be construed as investment advice.
Total Fed Balance Sheet and GDPSince 2003 the USA's GDP has grown about ~100% (roughly)
Since 2003 the USA Federal Reserve's Total Assets on Balance Sheet has grown ~800% (Roughly)
Interesting... What are your thoughts? Does this matter in the new 'debt' economy we live in?
If people own your debt as treasury bonds / securitized debt, don't they have a bias to see you succeed long enough to pay back that debt?
Much Love
xoxo
snoop
Dell has an awful balance sheetDell has been on the down for a year, now they are really going down. And they are still doing stock buy-backs. The stock is way too high. Dell will be the main stock dragging down the XLK ETF for the next two weeks, and the next two months. They could get in serious debt trouble here.
Dell is my number one short position with out-of-the-money put options into June.
Will Bitcoin Get Off The Pot or Take a Dump?Don't you just hate these slow drawn out days when Bitcoin seams to lay in bed all day?
One thing we can know for certain. Indecisive days like this make it easier to set aside our emotions and keep a clear mind going forward with the evidence we have at hand.
Typically by the end of the Elliott Wave Correction phase the final leg (C) closely represents the first (A) in it's height and breadth. Leg C will always fall below the reversal of leg A which is how the targets on this graph were derived. How much below Leg A it could fall is TBD. May be 2 points, may be 2000.
Maybe it will reverse the correction (come back to it at a later time) and print above 10.350! There's something I think we'd all like to see unless you're leveraged in a short position.
Not investment advice. Just my observations. Please hit the like button and add your comments.
Balance, G7 and Jackson Hole outcome, problems of GermanyTrump: China is ready to go back to the negotiating table. China, for its part, reiterated its desire to resolve trade problems through negotiations. safe-haven assets against this background have slightly adjusted and provided excellent opportunities. Despite the optimistic comments from Trump’s side as well as Chinese, everything might change. We have recently observed something similar and buying safe-haven assets tactics on the descents over the past few weeks was the right decision. So our recommendation is to buy gold and the Japanese yen. The only thing, given the increased volatility, do not forget to set stops - it is better to re-enter.
The G7 meeting results can be called insignificant. We did not hear any revolutionary statements. So we believe that this event is already “played out” and taken into account.
As for the Jackson Hole symposium outcome, there was a lot of concern, but representatives of the Central Banks have stated that crisis and cyclical issues need to be solved not only by monetary methods but also by fiscal ones.
Returning to Powell’s speech on Friday, he did not say anything fundamentally new and did not clarify the current state of affairs. Nevertheless, our position on the dollar is unchanged - we are looking for points for its sales.
As for the euro. Data on the business climate in the largest economy of the Eurozone (Germany) again frankly disappointed. The IFO business climate index in August came out worse than expected 94.3 with a forecast of 95.1. This is the minimum value for the last 7 years. Therefore, markets expectations as for the monetary policy easing only intensified. So it’s better to wait a while with euro purchases. But its sales against the pound or the Japanese yen look like good trading ideas.
ETHUSD! Be careful with long positions!!! 08/07/2019Hi, everyone.
Yesterday, the ETH could truly breakout from the wide balance (192-235) and start the uptrend.
But instead, the breakout was false and the price returned back into balance. And close to the Asian session the price showed a bearish initiative.
At the moment, for the bulls to take control again, the price needs to breakout 2 levels - 231 and 240.
Breakout and holds above 231 will open the road to 240, where the bulls will again try to break higher. A true breakout of 240 will open a new bull trend with the first targets 267 and 278, so in the area 235-240 you need to closely watching what market participants are doing. This can be seen by volume and price reaction after that.
While we are below 231, we remain in the priority of the bears, so now we are waiting for the price decline to the level 217 with a potential goes to the lower balance level - 192.
If you speculate intraday, do not forget to put stop loss orders and control your risks.
Wish you all profit.
Initial Balance Test w/ 10% Volatilty Filter Running a test of Initial Balance based on NY Open, for BFX :BTC/USD with 10% daily atr vola filter. Protected candles noted in both directions. Watching for break above or below 10% levels to gauge intraday market move and direction.
Daily ATR at time of post 1627; cme and 1602; bfx
Appreciate the risk.
BCDBTC Volume Analysis Prediction 02/06/2019At the moment we still have a bear priority But the price finally reached daily support area 0189-0194.
It's a huge area can hold the BCD from further falling.
Of course, a lot of things depend on the movement of Bitcoin.
What to do now?
If you want to buy BCD, you need a confirmation in the form of a breaking of the last balance.
To make this true the price needs to break and close above 0202.
Buy: 0202-0205 after true breakout 0202
Take Profit1: 0215
Take Profit2: 0226
Take Profit3: 0274
Stop Loss 1-2%
Priority: Bear initiative
Final Signal: Buy after true breakout 0202
COMMODITY TRACKER ETF BUY + HOLDIn current market conditions we are expecting higher volatility in equities due to ongoing issues, during times like this diversification is key.
See commodity tracking fund index above for security + growth over coming months
Expecting to see $18 in the near future
I am still dollar cost averaging in equities but adding this index to portfolio is key to balancing gains going forward...
#BCDBTC Volume Analysis Prediction 9/10/2018BCDBTC shows bull priority.
BitcoinDiamond is stronger then Bitcoin for this moment.
The situation is similar to BCDUSDT: last 2 impulses - UP, last balance goes UP.
At the moment we are watching the formation of the new potencial balance with the range 0333-0364.
With a high probability the price can test the POC level of the previous balance - 0324.
But Iif this price level will be breakdown the priority may change.
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
F L - flat level.
T L - trend level.
Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 1-3 fixing movement.
BTC Volume Analysis Prediction 8/14/2018Hi, friends.
As we see, unlike many other coins, BTC didn't want to update minimum of this year.
The price goes down very hard, there is a large volume, I regard it as pre-fixs. Somebody keeps the price from falling. It's good.
What's next?
On chart I indicated area 5740-5840 where buyers must aggressively meet the sellers. It's very important zone. Last strong wall. If this buy area will be break down next target will be 5400 and 5000.
For now the price is "freezing" in range 5800-6530 (possible new balance).
You can try carefully buy from area 5740-5840 with a stop loss below the minimum - 5680.
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
F L - flat level.
T L - trend level.
Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
#BTG Volume Analysis Prediction 8/24/2018Hi, friends.
BTG is in the main balance with the range 17.68-21.70. Intraday balance (range 14.80-17.68) after fixing goes up, that means we have a bull priority in intraday charts at the moment. The support level 17.68 is very important. If the main balance goes down and the price will break down this level, bull priority will change to bearish again. As long as the price is in the balance we trade inside from the its borders.
The chart shows the label notes, how to operate at key points.
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
F L - flat level.
T L - trend level.
Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 1-3 fixing movement.