Stopping Volume Patterns (13:54)
Stopping Volume patterns all over the markets today. This shows the trend moves we've seen over the past week and a half are slowing and some initial profit taking is going on. We've seen Stopping Volume patterns in:
- Stock market indices (Emini, Dow and NASDAQ)
- 10yr and 30yr Bonds
- British Pound, and
- Crude oil
But the Emini is at a critical juncture – sitting under cyclical support. Not good.
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And here's Stopping Volume patterns (St) on the daily charts of multiple markets.
Stopping Volume Patterns (Emini, Dow, NASDAQ, British Pound, 10yr Bonds, Crude Oil, daily)
If you're interested in the Stopping Volume pattern you can read more about it here: Stopping Volume Pattern.
Good luck with your Emini trading over the next couple of days.