Have we just been set up for a breakout or a shakeout?
Increased relative volume, closed at the low, closed at support, Stoch 5 crossed below 50, Syoch 14 at 50 line.
On the positive side the stochs are both very wide from their avgs, This may indicate that any shakeout will be short lived but still see the sp retesting the lows around 12.5 - 13.
FOMO Friday is an ideal time for a tree shake & set up for a breakout.
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Have we just been set up for a breakout or a shakeout? Increased...
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