Hi guys/gals,
The problem is that we have had a no demand bar on Wednesday that closed low, which has added to the weakness, and then today we have had another no demand bar(almost up-thrust) on a wider spread closing even lower which shows there is some supply present.
Is it supply that is being fed to the ST traders from the Pros, or is it supply that the Pros are absorbing from the ST traders??? It could be down with the weakness in the near background... and the instability of Global Markets.
Tomorrow will tell.
Cheers,
Ads
st ta trends thurs , page-34
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