Recent trading has been strange. Almost seems like a concerted effort to keep it at , circa, 45-46c.
Even today when it dipped to 43 i felt it would close back at the recent mean.
A little nudge to 48 was interesting ( and welcome) but I won’t be surprised if back at 45-46 next week.
Not a lot of volume going through so if it’s accumulation then it’s at a slow, slow pace.
Just as todays close was unexpected, In sure the next news release will be likewise.
ELS Chart, page-62
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