I wouldn't call it exhaustion exactly, but today's bar has high volume but the close and spread of the bar doesn't reflect that volume. In other words the result doesn't match the effort. @Trade4Profit88 the sp will test that area around 2.00 to 2.20 (or should) so the LT ema might come up to around there eventually. Just my thoughts that reflect the distributive phase.
New TA/Charting, page-12365
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