The question I wonder and a few members have wondered about is how the market will take this release considering it's nearly 20% of the states guessing and the government doing most of the guessing. California alone not reporting actual figures is scary considering California has the biggest economy in the US and the 8th largest in the world.
This may explain that 3C data on the 5-min chart last night. Remember I told you we were in the Bermuda triangle with the indicators-this seems to be a pretty plausible reason why.
Overall, 3C 1 minute did not follow price higher, no confirmation means distribution and we see that in price as I suspected a gap like this might provide any way. There's a current question as to whether a positive divergence will be formed considering at the time I took this capture 3C was still heading down. I just looked and it is not going to be positive, it just made a low for the day.
The 5 min charts show the same thing, 3C lower today then yesterday and just made a new low for the day. We may get that example scenario after all if this keeps up.
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