new charts , page-36

Superox,

You have to remember I was looking at today's chart on a 5 and 15 minute time frame, which are only good for about 10 bars.

But that doesn't take away from the fact that the SP was deliberately gapped up at open. It's a money making maneuver and it works well. Just say it was the pros that were buying Monday and Tuesday at 30-31c and today sold at 32.5-33.5c. Nice profit for a couple of days, hey?

Obviously selling was present today. How much selling? We will have to wait for tomorrows bar to confirm it. But in the near background, there is some strength there in Monday's and Tuesday's bars.

Even though Monday's bar was down, Tuesday closed up which confirmed that there WAS buying in Monday's bar. And of course, Monday stood nice and tall on a slight increase in volume = bullish. And then today's bar turned up and spoiled the party!

Cheers,

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