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This site recent discussion about absorption requires further explanation, as the subject matter can be tricky. Absorption is a natural process in the markets, and it is likely to appear just before Mr Market choose the new direction.
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NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.netÂ
Investing Quote…
..”Successful tape reading is a study of force. It requires the ability to judge which side has the greatest of pulling power and one must have the courage to go with that side”..
Richard D Wyckoff
..”Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected”..
George Soros
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