early days yet, but low volume on down bars shows testing or a lack of selling pressure.
If we start to get testing, thats an indication that the Pro's could be feeling a little bullish.
We havnt really had any Bad News, more like Negative news so far, and when most people are feeling bearish, it's the perfect time for the Pro's to consider taking the markets up a notch or two.
Perhaps they know what will be announced in the U.S. later this week and will do some testing, to be ready to take it up.
As I said, early days yet
cheers
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