Anonymous ID: 988107 Jan. 8, 2019, 1:48 p.m. No.4666258   🗄️.is 🔗kun   >>6483 >>6566

Thisis a blow-up of the last 2hours of the DOW. Look from left to right at the bottom. This represents the trades that occur within it's timeframe, i.e., each bar shows the total amount of trades executed at that time. See how they slowly start rising into the close and how they just shot upwards right in the last few moments of the session.

 

Those last few represent a few things. The momentum traders who take positions on the open and longs who have decided to sell. It also shows new positions being taken on the close. THese are also mom traders that want to sell into the next day. If it gaps up, like today then this is a profitable trade to make. However if it drops you have a decision to make…do you hold or wait or just take a loss.

 

Gap up or down means it opens well above or below the previous day's close- this is called the neckline.

Anonymous ID: 988107 Jan. 8, 2019, 2:04 p.m. No.4666483   🗄️.is 🔗kun   >>6636

>>4666258

This chart of the DOW can be applied to all major index's today. All increasing in volume towards the close. People have choices to make and going long or short is a choice. If you want to familiarize yourself with trading terms you can start by going here

 

https://www.investopedia.com/

 

Has most of the basics.

Remember the best advice you can get is your own research. Never let someone tell you what to buy, sell or own.

 

This is why the shills coming in here today were trying to tag me as a broker fishing for business. I abhor those people with a passion. They are not interested in you just your money. There are some who are good and have yur interest in mind. Not many of them though. Discern any advice you get with your own research.

 

Trade what you see and not what you hear from the TV or someone else.

 

Reagan's quote is applicable here: "trust but verify"

Anonymous ID: 988107 Jan. 8, 2019, 2:15 p.m. No.4666622   🗄️.is 🔗kun

>>4666485

 

>Oil prices are expected to average $67/bbl in 2019 and 2020, $2/bbl lower than June projections; however, uncertainty around the forecast is high," the bank's report says.

 

A day late and many dollars short.

 

I think they are a little behind on the 'projections'. They want the price at those levels as it keeps the system we have now moar or less intact. Based on this chart Oil is gong to low $30's perhaps lower. Over a period of time. Won't even make a prediction on when but eventually it will be there.