@ogilby123On the contrary... days like this without wild swings...

@ogilby123
On the contrary... days like this without wild swings enables an orderly distribution and accumulation that facilitates future moves higher or lower...
Here it confirms the bullish narrative is in play.

Notably today, we saw a dramatic drop in volume, on a one pip drop in sp, and a double intraday low established at 2.6¢ . Whats not to like.
Sp closed on VWAP 2.7¢.....$ turnover steeply lower on a one pip retrace.. should be read as very positive!
Today's price action sets the stage for bulls to get on the front foot sooner than later