Monday, October 12, 2009

10.10.09 - Gap + Consolidation


The opening gap has held well ahead of the onslaught of earnings this week.  Although Up Volume is hugely outpacing, Total Volume is nearly non-existent and it seems price has hit a wall for now.  Thanks again to Leo for hosting the room last Friday.  Just now there are some very large down-tick readings.  We are very overbought, we'll see.

No comments: