I have not updated my blog for sometime, so I thought I would do so now.
I opened my charts about 30 minutes ago and saw unusually large volume for the time of day on ES. This could be a possible Buying Climax and could mean we are in for a large correction before the next up move.
However, price needs to break below the demand zone of the large volume bar with force to confirm a Buying Climax. Target around the 1660 level.
Here are some charts.
++06_11_2013_Possible+Buying+Climax.png)
++06_11_2013_Possible+buying+climax.png)
++06_11_2013_Possible+buying+climax.png)
++06_11_2013_Pre-open.png)
++17_01_2013+-+06_11_2013.png)
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