Aug. 26 at 8:51 PM
$MCD got some mixed thoughts on the price action for tomorrow. First off, we bounced where i thought we would, but would have liked to see a stronger close. so they could pull a similar move today with the price action tomorrw . However , if they do this, they will be creating a short term divergence with price and OBV, which is now starting to climb again. ( first a little volume yesterday and now even more tonight ) so, we either start reversing tomorrow , or we see a larger move to the upside in the coming days. As price continues to be pushed down while OBV rises. Will see what they wanna do with this one which will give me a better inidcation of futre price action. Overall , still very bullish given where we bounced today.