Thu, May 23, 2013, 2:47 PM EDT - U.S. Markets close in 1 hr 13 mins
Typical consolidation after pull back, upward trend intact, will move to $30 very soon
Sentiment: Strong Buy
Very good observation.
It's going higher now
the crack you must be smoking, upward trend is 100% reversed, ZOOM IN and have a look!
Sentiment: Strong Sell
correct. Lower volume and downward move. This is distribution.
With consolidation you need more volume and steady price action, expect lower prices.
Also note the new put contracts.