The footprints of big orders are often visible in trading activity: $ZRO falls below the 1.8 level
Key levels often have clusters of stop-loss orders. Big players love to make a move in these areas: they may use a break below the level to trigger stops, then push the price back up, or they may ride the momentum and drive it lower. To tell the two apart, look at which side trading activity near the price level is tilting toward.
Key levels often have clusters of stop-loss orders. Big players love to make a move in these areas: they may use a break below the level to trigger stops, then push the price back up, or they may ride the momentum and drive it lower. To tell the two apart, look at which side trading activity near the price level is tilting toward.