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4/15 ES Chart ReviewPosted 04-16-2008 at 00:04 by Admin
We wanted to post a chart review for today to show you one of the reasons we like to use constant volume bar charts.
One characteristic of constant volume bar charts is that they show supply/demand in the length of the bar (without having to watch a separate volume pane). You will notice that as the market moved down to our S1 @ 1326, the first up bar after it hit was only 2 ticks in length. In addition, you will see several 3 tick bars following that. Demand was meeting... |
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