The sellers successfully put an end to the weekly one-time framing up, bringing it back to balance. Close and a spike below the inside week - can sellers establish acceptance of lower prices or will buyers reject?
Amazing commentary as always. That absorption at 4385 (first support yesterday) was also controlled by VWAP, which was sold every time buyers attempted a bounce.
... and as soon as they broke those passive selling BOOM. Squeeze-o-rama
Amazing commentary as always. That absorption at 4385 (first support yesterday) was also controlled by VWAP, which was sold every time buyers attempted a bounce.