Wednesday, January 2, 2019

2019 - Structural Volume Profile for Pull-Back Rationale



Recent pull-backs in the equity markets (Nasdaq, S&P and Dow) appear justified based on inspection of Market Profile structures.   

Other observations and hypotheses are left to the reviewer.




General Electric - Technical Bottom



A technical bottom appears to be in the making for General Electric.

The reference low spot is in alignment with the low observed on the 20 year charts.

This observations does not consider the fundamentals of the company.

Large institutions is reportedly in accumulation mode.

To be continued...