a trend day but on mp there was a ledge/is a ledge at 84, this could indicate a large sell order to keep mrkt under 84 so as to by back or get long, if you were large enough to hold that 84 ledge all day, ledges can go either way, but if they were selling they would have let it go higher to sell at better pricesQuote from tomahawk:
Ammo, given the zig-zags of the intra-day chart today, combined with this Uvol/Dvol profile, would u call this a choppy 'trend day' or a trendy 'chop day'?
Quote from ammo:
a trend day but on mp there was a ledge/is a ledge at 84, this could indicate a large sell order to keep mrkt under 84 so as to by back or get long, if you were large enough to hold that 84 ledge all day, ledges can go either way, but if they were selling they would have let it go higher to sell at better prices