Mudguts, I follow Wyckoff who was a forerunner of VSA
What I like is that the new up bars are on increasing but not excessive volume and are followed by lower volume tests to draw out supply. Just like the current test of 4.1 on the daily. It is low volume and testing for supply. It is the next move on the daily that is the real storyteller and where the SP ends today is another critical sign of things to come.
I still have a sense that this is getting set up for an announcement. IMHO!
chart, page-27
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