April Forecast Bear is possible but depending on which was you sit is where the nuggets will land, could swing either way.
The month of March was a cracking Bull candle and a tail like a stingray. The Body of March remained friken in the top 50% of February's body. And wouldn't ya have it the volume also matches Feb, crikey!. See those three green buying volumes, gee they're flaming large on the monthly chart. Well, that first bugger was all buying right, then but that third one, phew, it was a sell-off! Sneaky buggers. That OBV thingy, get a load of it, it's friken diverging from the chart, that sneaky little rat. The OBV keeps moving up while the chart is flattening out like a surfboard. If I didn't know any better, I'd say this ETF is in for a few hairy months, like a roller coaster, ya never know which direction you are heading, I think that sums up April!
The Weeks of March began Bear, roar you say, lucky we got none to hear. But gee we got some decent Bulls, and flaming hell, we got one on week two of March, then on week 3 we had a dwarf Bull, more like a buck if you ask me, must be able to jump good because it gapped up on week 2. The buying volume was dead in the wind. I reckon that Bear is gonna pull the rug out of the Bulls this month, the bear won't be chasing the salmon upstream, it'll be chasing the little fellas downstream me thinks.
The month of March was a cracking Bull candle and a tail like a stingray. The Body of March remained friken in the top 50% of February's body. And wouldn't ya have it the volume also matches Feb, crikey!. See those three green buying volumes, gee they're flaming large on the monthly chart. Well, that first bugger was all buying right, then but that third one, phew, it was a sell-off! Sneaky buggers. That OBV thingy, get a load of it, it's friken diverging from the chart, that sneaky little rat. The OBV keeps moving up while the chart is flattening out like a surfboard. If I didn't know any better, I'd say this ETF is in for a few hairy months, like a roller coaster, ya never know which direction you are heading, I think that sums up April!
The Weeks of March began Bear, roar you say, lucky we got none to hear. But gee we got some decent Bulls, and flaming hell, we got one on week two of March, then on week 3 we had a dwarf Bull, more like a buck if you ask me, must be able to jump good because it gapped up on week 2. The buying volume was dead in the wind. I reckon that Bear is gonna pull the rug out of the Bulls this month, the bear won't be chasing the salmon upstream, it'll be chasing the little fellas downstream me thinks.