Great day today; very predictable. Even though we closed

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joey68
Great day today; very predictable. Even though we closed red on a candle chart, if you check the Elder chart, it shows up as a blue day indicating once again, a split between buyers and sellers. This makes today the 24th consecutive trading day with NO red elder bar. Very nice!

Looking at the Three Line Break chart, we see today’s trading did not even register significant enough to add a bar on the chart, making the 23rd the last significant trading day. The Three Line Chart is also on its 12th consecutive white bar. Impressive! This type of chart, as mentioned in previous posts, only show significant days; leaving out the noise. Next week is what we’ve been working towards. The 10-K. Very interesting times ahead of us.

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