Still think the price and volume action today - ie high volume into a supply zone - is reflective of a buying climax marking the start of a redistribution. An automatic reaction off a selling climax should not have such a s high volume spread. A lot of effort went into pushing price up this far - and it's similar in look and volume to the start of the distribution in April - but action over next few weeks should make it clear which it is.
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- False Base broken - now heading below $2
Still think the price and volume action today - ie high volume...
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