Ton Tuesday, page-57

Hi Names, yes basically as thought

All that HV thru out the first two high days was a concern, just sitting there, not sure though which way it would go until it started to show a few hints. (it could have been absorption) As can be seen on the intraday chart, a series of LH's and that last peak is a neat HV two bar reversal, a perfect gotcha trap for traders etc that think its going to move higher but wham bam they get trapped so quickly and now (if still holding) are being dragged lower. The icing on the cake was the break of the (intraday) HV bar/s low's. BIG warning was offered after the close of last Friday, mid closing high volume up bar, typical of hidden selling etc. imo one should forget about picking the support levels, would be much easier to wait for the bar to turn up/slow down in volume/spread ... it tends to offer these hints all the time.