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Tuesday, September 11, 2012

Tuesday

Still within the fork, but bound by this triangle, the market appears close to giving a significant sell signal.
The Volume Profile indicates the severity of the drop we can expect once the support is broken.
The Volume Profile also shows the resistance overhead.  It's not impossible for a Bull Run toward 1500, but the big play will be to the down side when we get that signal.

I've drawn an arrow inside the Volume Profile.  There are at least two indications that this is a significant point in time and price.  Would you care to comment?


Adv-Dec issues are not following Price. 
This is a warning of a market change.


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