The blue circled bar increased on volume and the spread of the bar increased. It was a bullish bar, but with every blue circled bar the next one failed. The next one either closed on its but or as in the august one. The volume of the following bar was good, it closed near the top of the bar but the spread of the bar was small. The fact that all that volume went through but the bar didnt really increase showed there was selling into that bar.
Tomorrow will show us where they intend to take lyc in the immediate future. if we have similar volume to today but the bar closes in the middle or doesnt really go any where we will probably head south.
Wait and see.
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