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  1. onetonne
    1,148 Posts.
    lightbulb Created with Sketch. 58
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    24/11/10
    15:36
    Post #: 7520008
    Thats exactly what I was asking. A very differant kind of support. Sought of a mythical underlying support. As in what the SP was doing 41 periods ago. ie coming off a high, breakaway gap,pivot point etc. I think I understand.

    And as you say could support a falling volume. Dept on where the SP was at, at that time.

    Am I on the right track?

    Thanks Rhodes,

    Cheers
    MEO Price at posting: 58.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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