Post

Settle up on last night’s three bars, and the ledger is short.


22:00: 58,000; 23:00: 79,000; 00:00: 61,000—199,000 contracts across the three bars.
$MSFT From 537.70 to 518.99, down 18.71, or 3.48%.
The next 14 bars totaled 179,000 contracts, with the high reaching only 523.95.
That’s 4.29 short of the 528.24 pit.
The chart closed at 521.97; it’s now at 522.12, with the 524.00 moving average sitting two bucks overhead.
24-hour trading volume: $2.619 million; fee rate: 0.
The three bars fought for real; no one stepped in during the remaining 14 hours.
Before 22:30, 522.11 can only be considered a matching price.
Treating it as Microsoft’s closing price is just making up a story for yourself.
Wait for that bar.
(Not investment advice; gains and losses are your own responsibility.)
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MSFTMSFT+0.59%

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Comment 7
ColdStorage
水彩干了才显色,这量像兑了水。
DecadeRunner
Two moving averages are weighing on it. I lived through what happened in 2018; it also traded sideways like this for six days.
MinerRetired
Back in the mining days, this kind of volume was called a ghost town.
StopBandage
The 18.71-yuan shortfall is enough to bandage twice.
AirdropFerry
Wait for that candle—do you mean the daily or four-hour candle, or wait for a structure confirmation?
FibFisher
It hasn't even reached 38.2%.
SeedPhraseHoarder
Engraving a seed phrase on a steel plate is much slower than these three candlesticks.