Earnings created a squeeze of sorts so now I'm looking for volume exhaustion and an overall correction with a potential push back to fill the gap. The RSI and Volatility Oscillator both pinged beyond normal ranges just after earnings and appear to have created a great short entry position but lacked much in the way of confirmation of what would happen next. It was...
Quick and simple attempt at deciphering what market sentiment will be with yet another meeting on the horizon and how it might play out on the chart. Some might quickly see higher lows developing here but it might be a bigger pattern developing. Recent run up felt rushed with no pullbacks to firmly test support. I'm looking for a right hand shoulder to possibly...