Formerly NE North Dakota, now NW MN | One thing your chart shows that I hadn't noticed is that LEZ painted a very similar formation back in January. Two gaps up, one gap down (very small one, if it's even there), leaving something that looks kinda like an island reversal (I still think a true island should be at a contract high or low). Should call this formation a bull-head drop or something like that.
At any rate, after that formation showed up in Jan, that didn't play out too well... |