Wednesday, June 1, 2016

Volatility "Expansion" Phase aka. Overnight Risk

First line support is only 10% lower...

Shorts are covering ahead of the OPEC meeting (tomorrow), in case they accidentally agree upon something. 

Back-test of trend-line. Check.

"Prepare for rapid descent"

Fill today's opening gap. Check.

1s and 2s down on the :30 minute. Check.

Amazon key reversal. In progress.