The Stock Market’s ‘BookShelf’ Trade
There's an Order to the Stock Market; all markets, in fact.
INTRA-DAY TRADE FORMATION: While almost all have drawn back from the chaos of conflicting financial news stories and speculations (opinions), the Economy, at least that part represented by the Stock Market has been busy making an interesting Intra-day chart formation which I call 'The Book Shelf'.
This peculiar chart formation hasn't been confined to just one nation's stock market, but, (as you can see by the posted charts), has been made in stock market indexes from Japan to the US to Germany.
This formation will not last long and needs to be watched for a signal of the trend's next intention.
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