Please give me your comments.
By looking at the chart , it looks like ININ is currently in dry up. Since the last bar lies on the intermediate channel RTL support, and vol has decreased, it leads me to believe that black breakout vol is imminent. On Monday, I will look for 3 things to confirm my position. The First is FRV, the second, decreased day vol holding the RTL, a FBO on lighter vol than previous day. The most ideal condition out of the three would of course be FRV before 11:30am est with price improvement. If you look at the gaussian vol you can see a small black bar at the last price point. ideally I would like to see a steady stair step of black vol creating a B2R or B2B trend.
By looking at the chart , it looks like ININ is currently in dry up. Since the last bar lies on the intermediate channel RTL support, and vol has decreased, it leads me to believe that black breakout vol is imminent. On Monday, I will look for 3 things to confirm my position. The First is FRV, the second, decreased day vol holding the RTL, a FBO on lighter vol than previous day. The most ideal condition out of the three would of course be FRV before 11:30am est with price improvement. If you look at the gaussian vol you can see a small black bar at the last price point. ideally I would like to see a steady stair step of black vol creating a B2R or B2B trend.