Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
These negative divergences against rises in price have been VERY VERY accurate indicators of moves down:
We have the longest one yet. I'd say the price is really wanting to adjust down but those huge buys with walls changed a bit of the natural movement.
Will be interesting to see what happens.
Isn't the reality exactly the opposite of what you say? The price really wants to move up, but there is a huge wall preventing it?
Blinkered much?