Yeah, very interesting mitta,
Just had a look at the 5min chart (I dont have 3min)
I have been watching the BHP Daily chart, as well.
There has been a series of weak looking bars since last Friday, which was a narrow spread up bar, close in the middle on an increase in volume.
Then on Monday, a bar that tried to rally above Fridays bar, but came off and also broke the low of Fridays bar, closing low.
Yesterday was a sort of a hidden UpTrust type of bar.
and today gaps up with a narrow spread (so far) on what looks like, will be an increase in volume.
No real signs of strength at all.
cheers
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