Well market again was at its best. Good news all around and IPO launch of the century. Accelerations are working and sentiments are as well. We have reached our target short of .14 points. Otherwise, nothing much to add to this blog for Friday. One thing to note is that the Daily Candle has pierced the Upper BB line and has made a red candle reversal Doji. Did I also mention that we have the tightest BB band we have seen in a long time.. Well now I have..
We also have a negative divergence playing out so I guess this is not at all a boring type of analysis for the end of the week.
MT: DOWN
ST: UP
PA: UP
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