Things seemed non-committal up until we got to the opening range where things really started to move (back down to pivot). A volatile channel mid-day (between pivot and R1) fell apart where an obvious momentum divergence built up.
The strong positive TICK was unable to push price back above the opening range lows.The 30-min chart looks a bit like a double-top from this perspective.
The 15-min chart this morning showed a lower momentum high compared to the previous momentum swing high (looking at this morning's open compared to that of 5/18), a hint that price acceleration might be weak. Also of notice were the candles with excessive top wicks, telling us people were selling that $92.50 range.
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