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Posted On: 05/04/2017 2:43:25 PM
Post# of 72433
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Here's today's 1-minute chart so far. Remember it's a dynamic chart, 20 minutes delayed.
http://bigcharts.marketwatch.com/advchart/fra...p;state=11
So some fairly big volume on the takedown this morning, but then when the actual real buying came in, some pretty big buys. I knew someone once who referred to those kinds of first-hour takedowns as "shakedown takedown" -- intended to scare people. If they don't succeed, then they have to actually buy.
http://bigcharts.marketwatch.com/advchart/fra...p;state=11
So some fairly big volume on the takedown this morning, but then when the actual real buying came in, some pretty big buys. I knew someone once who referred to those kinds of first-hour takedowns as "shakedown takedown" -- intended to scare people. If they don't succeed, then they have to actually buy.
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