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TA Challenge: OBV, forecast market moves & spot reversals
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OBV

because of my busy schedule, I can not track volume as well as I would like, so I use OBV as my volume tracker I use it to tell me which direction volume is heading without watching live volume...
When watched closely OBV can also tell me when institutions are moving into a stock: when OBV goes up sharper than the price or without moving the price large institutions are establishing a position and price will soon follow. A recent example of one of using OBV in one of my plays was $Valero Energy(VLO.US)$
this was the stock set up:
OBV
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Engineer, Commodity Buyer, Alert Bettor, Tesla 🌬 Commodities BULL🐘 Precious Metals Dragon 🐲 and OIL Trumpeter 🗣🎺
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