calling the gurus, page-4

Hi ds, hopefully no distractions on that other thread :)

Will add to the other guys analysis with a couple charts, both are day charts, one is a close up of the present action.

First up the day chart with a bigger view, which is somewhat hard to analyse on this timeframe as it spits and splutters with its volume/spread. But anyway the present action appears to be taking on that big volume from way to the left abt Sept12. Just behind that Sept12 volume can be seen that other large volume which obviously stopped that DT before possibly being sold out or dumped in that Sept12 action, maybe.

Below is a close up of the recent daily action. That large clump of volume mid chart which appears to have started this recent rally all seems fine, note how the follow up action did not break the HV bar lows. It went thru a quiet spell and on the weekly gave a test bar entry. It has then rallied and broke thru the highs of those initial HV bars. We can see four high volume bars which includes that breakout bar, the following action at present is fine. It may settle down for a while, if it does one would not want it to break lower than the highs of the initial high volume bars ie. if it did it would then have the latest high volume above it and that would not imo be good. So any quiet wandering at present seems okay but will obviously need to find volume/spread when it attempts to break higher. Hopefully not too confusing :)

dyor