gjunter's fustercluck friday, page-26

Last nights volume on the DJIA wasn't too impressive but if we roll it into a 2day chart this is what it looks like

Looking back to (1) it pops its head above that old resistance level with an increase volume/spread but then moving over to (2)
which has an increase in volume and is an upthrust containing supply followed immediately by a NO DEMAND bar

Then breaks lower under the RL but with the last bars action, up on an increase in volume, like a 2bar reversal with its head above the resistance once again

Will be very interesting if there is follow thru with their Fridays action, that will be the key in the ST