stocktoe,
I see it the other way around. It's trying to poke it's head out of 32.5c, but it keeps getting sold into. There is absolutely no demand at the moment, hence the low volume. The pros have just stepped aside.
Now, we need to wait for some volume to pop up and see which way the bars start to break and where they close. That will be your giveaway as to what the pros have in mind for SDL next.
Cheers,
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new charts , page-24
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