SNSN schreef op 3 april 2014 16:11:
As you remember, the average duration of (short-term) rising sub-trends was ~3 days (see old writings). Yesterday we counted the 4th day of (steep) rising within the same channel. So, a regular change of sub-trend was necessary..... Again, as was described yesterday, the accum process, to be optimal (for ex-ante return), can’t just move only up and up ...(see yesterday posts)
To better feel the price dynamics, take a look at the p/v distributions & balance:
~12 M accumulated yesterday above ~2.61;
~1 M sold within first ~30 min today with prices drop from ~2.61 to~2.59;
~9 M sold since 9.30 till this point in time under ~2.59
(as you understand: 12 > 1 + 9 )
Short-term objectives need volatility to generate (fast) return...., and longer objectives need to accum a reasonable volume as lower as possible... (to optimize return)