wednesday's road map, page-32

Mitkye, how are we, good to see your analysis outweighed your fondness of ILU, wow lucky :)

As we discussed nearly a month ago it was looking weak/suss on the larger timeframed weekly chart

All of its attempts to clear the high of its (what we believed then) distribution phase was done on low bearish volume/spreads. Stand clear

As you say you've mentioned, we didn't have a clue that this fercious action of the last few day/s was going to happen but looking/following the long term behaviour certainly make sense of it

Below is a chart that we followed at the time which is a weekly of ILU. btw that live bar still had another 3days to fill,
and it was obviously going to surpass all before it which was just adding further to the weak overhang

P.S. cheers R2R nice chart and WW1 you got me there with your ILU chart, it took me a moment but got there eventually :)