supply vs demand, page-173

J, it has broken out on ugly bars all the way up on this rally. And the bars you refer to are no different. That's why I am looking to the 15 min and hourly charts to try to catch them out absorbing supply, which is what they have done after each of the breakouts on this rally. Can't just rely on the daily chart for avb imo . Just look at the ground its has covered without a single test on the daily. The absorption is hidden within the hourly and 15 min charts. Which is of course not confirmed until the make the next attempt on the previous high...