Short term head and shoulders pattern forming，with a bit of...

Short term head and shoulders pattern forming，with a bit of wicking appearing yet again, which probs shows a bit of nervousness as buyers and sellers jostle for the upper hand.
Depth is almost counter~intuitive as well, compared to price action.


The buybacks too tend to distort the perceived buyside ratios , so definitely adds a bit of colour to trying to base further directions, and a bit of early volume today too is really interesting.

On the upside, IF the H &S DOES eventuate, we could possbly see a finally see my pullback to the base of the shoulders ( .335) and then surge up to short term highs. (.43ish)
If it doesn't, then buyers could push up to test those .385's yet again, forming a new base and testing different conclusions

Tin prices could too have a nett effect on trading demands, and with the BDI hitting 6 week lows, it poses both interesting freight prices and shipping demand pressures.

Guess the US market behaviours over the short term could guide the ASX , and with interest rate decreases looking more and more unlikely into the mediumterm, longer term resource prices could move higher, even with a basing of iron ore.

The next quarterly will be something to watch and see, especially with that elephant in the room,cash at bank pressures...