Ha, was going to ask if you were still in SLC - I remember you mentioned it a while back. ~$20M turnover in the last three days - that's not retail action. It's the highest weekly volume yet, and second highest monthly volume. I think the question is whether those buying have had their fill and will now take the price higher, or whether they are still looking to accumulate more. Hard to say whether it's engineered or just opportunistic - if yesterdays bar had closed on or near the low with todays price action the same I'd say definitely engineered/shakeout, the fact that yesterdays bar closed just shy of the open says it's getting supported, but have they had their fill?
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Wyckoff trading method, page-2204
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