buying on pull back 1830.Vol Profile from monthly chart
i think SOYA is really taking off now, with its' Corre to gas ...and off the block with volume
If it breaks again at this level, with this huge volume spike down, we are likely heading down to next level of 1152-1145
How long is this OBV Divergent going to Last
With no volume on previous weeks rally ( see my previous chart), and now the roll- over south, i am start seeing this Bat to 1310 tp. And then could be a possible set up for BULLISH BAT, for a good buy around 1309 - 1310. With tight BUY stop !!!
The reason being that this rally is not on high volume, unless we are taking into acount the hidden buying volumes. Wait and see.
We have to see volume on weekly chart for this rally. I am doubtful on its buying strength. Waiting to shorting it !
If oil breaks 43.18 with this round of selling pressure in 1H chart, we are seeing a new leg going down south
From weekly chart, buying/demand is still good, and formation is forming a wedge now. Good buying area is around 1313-1311. with tight stop loss.
Looking at the monthly chart, crude market is still a waiting game. There was not much selling pressure from last month data- a fact. but we are still not sure unless the market moves price to above 57, with relatively high volume.
Look like some demand is coming in. Just gone in long, because of the increase volume from last 4 hourly chart. 1st Tp 1351
looking for more real DD coming in ?
Potential for a correction for Gold, as the daily OBV is in divergent
THIS RALLY IS LACKING IN VOLUME TO SUSTAIN
From this 15-minute chart, you can see a CLASSIC RETAIL FLUSH on GOLD. So THEY are in control now.. Going long on dip , Looking bullish to 1306 in the short term..