Thats exactly what I was asking. A very differant kind of support. Sought of a mythical underlying support. As in what the SP was doing 41 periods ago. ie coming off a high, breakaway gap,pivot point etc. I think I understand.
And as you say could support a falling volume. Dept on where the SP was at, at that time.
Am I on the right track?
Thanks Rhodes,
Cheers
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