Last week's Volume Oscillator for reference
3/21 = -13/22 = -15
3/23 = -11
3/24 = 15
3/25 = 25
This week's VO
3/28 = 12
3/29 = 25
3/30 = 44
3/31 = 28
4/1 = 45
This post will be updated nightly throughout the week, so check back periodically for new information.
If I'm interpreting Laundry's 4/3 audio correctly, the hugging pattern won't begin until around 4/20. It's not that far away from the red top line now but 4/20 is about 2 1/2 trading weeks away, so doesn't that infer another possible (little?)dip and some sideways action, possibly reverse mirroring up the prior descent down to the 4/14 low, before we hit the red top line and begin the hugging pattern?
ReplyDeletejoed, you were anticipating a small dip around 4/4. Are you still projecting that and considering that Laundry's anticipated date of 4/20 to reach the red top line is still a ways out in the distance, could that 4/4 anticipated dip last a few days?
I'm not a math wiz as many of you are. I play momentum though and appreciate the kind of heads up "anticipated probable move" info this and Laundry's board provides, but realize nothing is set in concrete.