Was looking on a daily chart of the net tick distributions and it almost looks like smart money may have been exiting in the last 3 weeks by the distribution of lower lows of down ticks and lower highs. (Ignore the red candle on the chart it represents the current day and will end upgreen like the rest. But just look at the trend lines and the distribution of the chart.
Looks like dow ticks have made lower lows. It might not matter that much but interesting observation.
Your thoughts...
Looks like dow ticks have made lower lows. It might not matter that much but interesting observation.
Your thoughts...