$TIA has an interesting 15m setup. A 1.74% price increase isn’t excessive, but OI jumped 6.31% in 15 minutes and 5.87% in an hour, with its anomaly percentile at 99.8%—the highest in the entire pool. New leveraged longs are entering; this isn’t the false strength of short covering.
Volume is 8.75 times its usual level, the buy/sell ratio is 1.14, and the aggressive trade delta is 6.6%. The close also broke above the highs of nearly 20 recent 5m candles. Price structure and volume both confirm the move, while OI has continued to show anomalies across several consecutive timeframes.
The one thing to be cautious about is that it’s already near the extreme end of its historical range. Chasing longs at this level could get you caught in a wick. I’ll first watch to see whether a pullback can hold above the range high it just broke; then we’ll see.
Volume is 8.75 times its usual level, the buy/sell ratio is 1.14, and the aggressive trade delta is 6.6%. The close also broke above the highs of nearly 20 recent 5m candles. Price structure and volume both confirm the move, while OI has continued to show anomalies across several consecutive timeframes.
The one thing to be cautious about is that it’s already near the extreme end of its historical range. Chasing longs at this level could get you caught in a wick. I’ll first watch to see whether a pullback can hold above the range high it just broke; then we’ll see.