Pssst, just for the record I'd say that yesterdays bar had a tad...

Pssst, just for the record I'd say that yesterdays bar had a tad too much volume in it for my liking and whilst it did not finish on its lows, it did finish off its high.

Weakness appears in upbars, right??

So todays little punch above the line without the volume to back it is potentially confirming yesterdays weak bar an is potentially bearish.

But wait there is some strength in the background isn't there?

Nope IMO the supposed bullishness is most likely guess some of the sellers whom thought it would get a lot worse maybe getting back onboard for a few pips.

P&D someone say?? Buy low sell high is the way to make a profit and that little excess volume yesterday stands out amongst the other volume bars quite clearly.

I guess today they managed to offload a few more and make a buck eh??

Blue sky from here.....riiiiight. Nudge nudge wink wink.

the only good thing here is that there may be an entry point if there is a LV pullback testing the volume in yesterdays bar.

If the test is successful then OK, if they find more supply though then its back to the naughty corner for LYC.

Just sayin ..