very high open favoured by the shorters.a higher red candle with...

very high open favoured by the shorters.
a higher red candle with 34c red body 5c neck 17c tail
meaning the high open got snapped down as expected now sitting at the low daily range but with long red body
also 22.50 showing resistance

lower IOP offset by good news but again sell on the news pattern.

for the longs 22.50 has to clear
for the bears they want a crack below 21.50 again
the volatility is increasing, daily 60c-120c ranges

If it can zigzag around 22 that would be bullish
Only if IOP can hold & not keep dropping lower back to normal.
Shorts waiting for the IOP drop and daily tops as usual.