hi wotto, yesterdays low close plus gap up/high volume should be treated with suspicion until you clear this area. a day like that typically indicates supply entering. to overcome this treat of supply you would need to see either successful testing within todays spread.. that may take a week/good while.. or simply gap/move higher on good volume/spread/close. have also shown an intraday chart which highlights that all todays action really came in the last dash.
Chart YOW, page-288
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