Buckled up for the Roller-coaster June

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history doesn't repeat itself but it rhymes


As always, to read in junction with my previous analysis with link above is advised.
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It seems the sell off has just begun.
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This crappy website did not send present signal on time but this morning looked like a buying climax.
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tons of volumes at 9:51 and 9:52, after they did a rain bow, at top, they have a very shop bar with 1.03k vol at 9:46.

I tend to take those volumes at 9:51 and 9:52 as selling.
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The price have trespassed the large volume zone at this moment. Not so good for the bears.
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As the price persists to going down and holiday is coming, I cover all my short bets. Rejection around 28.8k to 28.9k has been strong but price quickly get support at 28.6k, volumes being low though.
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Looks we can sell around here. Anomaly was spot on a 400+ contract one minute.
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Admit that My prediction in June's volatility is totally wrong. Instead of big swing, the amplitude of June is relatively small.
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It looks there were strong buy up at 28800-28850 this morning
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Beyond Technical AnalysisVolumevpa

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