Update to the ’5 min pattern to ponder’ post from 12/11

30 min 

Previous post
Note the megaphone pattern denoted by the red dashed lines.

The Sharp V from Thursday weak close to Friday’s strong open caused the 5 min pattern we highlighted last week to nearly come back to top of the bell/megaphone upper resistance.

30 min showing A/D at the bottom.. note the crush to -1000 Thursday @ close. then spike back up to 0 line  into friday’s close

Also note the inversion of buy volume vs sell volume denoted by the red arrows at bottom of chart “volume vortex”.. not what happend after green crossed up through red on monday morning……..

 

Related Hedge Accordingly Content
John Desimone, CEO of Herbalife, spoke with Bloomberg Television’s Stephanie...
Bill Ackman, Pershing Square CEO and Founder, spoke with Bloomberg...
H∆ Top10
Ackman: We Spent Investors' $50M Probing Herbalife, $HLF's Nutrition Club Is 'Total Fraud'
Herbalife CFO John Desimone on Ackman: Big Bark, Small Bite: $HLF may sue
A look at the gold price vs the S&P 500 | $GLD $SPY $ES_F
Here Are Two 20 Year Charts Of The $SPY $SPX Following a RECORD SP500 Close Of 1,854
Indicators which foretell the future? You don't say..(SPY)
Charles Plosser: Fed is getting closer to its objectives for full employment and price stability.
Real-Time Charts
Activist investor Carl Icahn: Ackman on HLF are simply rantings of a sore loser
Tuesday Mid-day TFP video chart analysis (SPY)
Investor Paul Tudor Jones On Unemployment

Archives

wordpress stat
Hedge Accordingly by HedgeAccordingly is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Based on a work at http://www.hedgeacccording.ly