From LH and LL we suddenly see Stopping Volume and we enter into a Side Ways Trading Zone . We see Huge Spread and Volume -- thats Institutional Buying ( Prelim Support - PS ) . We see the Selling Climax . SC . We see the easy Auto Rally . AR . The AR as expected cannot take us to a new High however it takes us to high of the PS Bar. THAT is a critical Bar . After...
I feel this lookms like Classic Re Accuulation. Ph A resembles Distribution. Ph B to Ph D are Accuulmation. Currently we are in LPS testing of the Support WHICH earlier used to be the Resistance . I feel we can safely buy and buy ... New mark up is arriving soon !
