In light of recent conversations I have chosen to explain my chart a little differently tonight... Please follow the red and green arrows and see what conclusion you come to when applying the volume method I have spoken about... Of course there are many other variables you need to be looking for when charting VSA but this (volume) is one of the key fixtures... Each time we see a decline in the sp we are seeing very low volume, which tells us smart money are showing no interest in the lower price levels indicating higher prices to come...
GGP Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held
