Can someone please point out the location of the chart that was being referenced here? Spyder's reply was to Ivob's post linked below, but this section of chart is showing a later point in time. http://www.elitetrader.com/vb/showthread.php?s=&postid=1922687#post1922687 I am aware of Ivob's next post linked below that showed the point in time being discussed but I am having a hard time figuring out the specific channel(s) Spyder was referencing in the original reply quoted above. http://www.elitetrader.com/vb/showthread.php?s=&postid=1922924#post1922924 edit: fixed links
Got long LAZ today at 2:30 when PRV showed increasing black volume. Stock pretty much flat-lined towards the end of the day. It went into a pennant and then a lateral to close out the day. Hopefully it makes a go at the pink RTL on Monday with increasing black showing. A question I have is how to interpret the volume bars in the circled area relative to the price bars. It shows increasing red but could very well be increasing black considering the price movement was neutral. It also formed a pennant and a lateral which I am not accustomed to seeing form on increasing volume. How does one interpret these end of day bars, continuation or change? Comments needed as I have more shares than usual in on this one.
I hope this isn't OT. I'm reviewing the Futures Journal and it appears as though all the file attachments are missing, including all the charts, etc. Any idea if this is an ET problem or my problem? THank you.