Trading for a living - long term consolidation and a breakout
Thermo SwamiAcctDist in TOS is a great indicator to show the accumulation/distribution in a thermo heat/cold map.
Following could identify a trend:
- overall green thermo on SwamiAccTDist
- Acc/Distribution going from low to up in the chart
- vol buy/sell indicator
The breakout can be confirmed by breakout of all EMAs in stockcharts scan
