/biz/ - Business & Finance

>>18609186
I should add, any time a stock or index oscillates up and down with a closing envelope, it means that the stock is closing into a distinct price where both sellers and buyers agree.
As a result, two things happen, either a crab or a disjoint. A disjoint is when the sellers or buyers explosively disagree and the market shoots up or down. The way you predict the direction is through resistance lines and volume.

This fall was pretty predictable because volume was very low and our envelope closed almost right against a resistance line. We'd need to break the moving average of the SMA AND we'd need to do it with very little people when everyone is holding onto bags that they wanna dump ASAP