Low volume Gators mouth with high volume eyes

Discussion in 'Technical Analysis' started by KINGOFSHORTS, Feb 16, 2010.

  1. This indicates markets will probably drop at least 1% wed. (SPY CHART)

    Notice the low volume forming the body of the gators mouth, medium volume forming the snout.

    With the completion of the eyes formed thanks to a high volume spike (notice high volume spike and ticks downward)

    This is a fractal gator eye. I see a drop in the markets on opening in the first 10-15 minutes.

    how do you upload screen shots here?

    The chart indicates lots of volume coming this thursday.

    If you went short on the eye, you will be rewarded wed morning with profits.