27/03/2012
The Nf and the Bn put in b shaped profiles today. When the b shaped profile happens especially off the open price and near a previous day's POC it points to long liquidation in the markets. The thing which tands out in the profile of today is the single prints from the […]
Daily profiles and POC’s
The charts above show the profiles of the NF and the BNF ( daily) with the POC in dark blue. A rising POC is the sign of an uptrending market whereas a POC going sideways is a sign of a market in a sideways or a consolidation mode. In keeping with […]