Goldman Sachs smiling despite troubles

The first impression of the daily chart is quite impressing, looks bullish with gaps up even. But GS is on the brink of a reversal. This current intraday turnaround is more or less a confirmation of the one we saw already on 1st of July. Which confirmed the resist in form of the highs we saw in April and May.

GS needs new highs very fast, or we see shorties like me smiling.

Trade closed: stop reached:

One of the rare times volume knew it better. Out shortly before the close on the 11th.