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Direct MessagesDate/Time: Mon, 06 May 2024 12:39:59 +0000
Post From: One random subscriber of Siera Chart Data Feed was interested in the delta volume data.
| [2019-02-07 23:24:21] |
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Good day, Sierra Chart Team, hope you all are doing great, *imgur.com/a/45l8NKg* As the image attached shows, this is a Natural Gas Futures chart for about two months, from the last week of 2018-12, till today, 2019-02, with a cumulative delta volume bar added, no data re-roll from each session, it was turn off by me in order to showcase a more clear path of buying and selling; what I want to say about this is, am I crazy seeing what the delta volume study is showing me? Am I out of my mind that all I can see is a huge amount of buying cumulated again while the price of gas is down at the moment? Why is all of this large amount of buying not pushing the price of gas up? Is this the proof of big money doing the same old trick again the same as what they have done at the beginning of 2019-01? While the price of gas was down at 2019-01, huge buying occurred as the delta chart showed, and after that, we all know what happened, the price of gas spiked to 3.7 from 3.0, the old classic price pumping trick, I really want to know whether not am I crazy on this, but all I can see is big money cumulating their position again at the dip of gas price, and they are planned to do the same from a few days to a few weeks later. I'm a little bit paranoid and scared on this case, even questioning Sierra Chart's data feed and delta study, are they valid and corrected? The buying/selling delta chart should roughly match the movement of price in the normal case, but the price of gas is not going up while someone is buying gas in bulk, quietly, this is rather strange to me. I just want to share this case with you, maybe having a conversation on this. I'm curious about what Sierra Chart Team would say about this. Thank you for your time, hope to talk to you soon. |
 NGH19 [CV] 0.020 Range #1 2019-02-07 16_43_55.714.png / V - Attached On 2019-02-07 22:45:12 UTC - Size: 96.29 KB - 333 views Attachment Deleted. |