Multiples of 10 present strong resistance in place of classic support levels. Understand the motives of the big players that drive fast markets and ride their coattails to gain a needed edge. And if you see big lots move against a rally, be prepared to join them. Time of day tendencies create profit and danger zones. As the market opens, overnight imbalance and fresh retail cash trigger volatility that resolves through price change.
Insiders guide stop gunning exercises and fade trends through the lunch hour's negative feedback.
The final hour arrives, just in time to resolve many complex themes with sharp breakouts or breakdowns. And through it all, intraday buying and selling oscillates in an orderly 90-min cycle. Short-term price movement responds to numerous intermarket cycles that ensure a bumpy rise for the momentum crowd. Technical analysis uncovers momentum secrets as it exposes insider deception and herd emotions. Verify all shock events through both patterns and indicators.