Price Movement, page-10

Fitted to SP movement over tha past 6 months or so, my theory is that there are two opposing forces at work here. One trying to suppress the SP the other attempting to drag it back up.

A cycle of gradual selling pressure on moderate volume (sell side artificially stacked above 300k with buy side progressively dwindling to under 100k) followed by rather sudden switch in the relative queue volumes and a sharpish climb back, but on relatively weak volume - [Lanstead vs Friends of management or even Lanstead vs Lanstead? - as a couple of possible scenarios].

Although the 'downers' have been winning handsomely up to date, IMO, the 'uppers' will emerge victors. But when? If and only if, that is relatively soon I will happily concede defeat on the 'Lanstead' debate. If, however, the cycle continues, other culprits will have to be considered.

Let's see if the current climb continues or even holds. My tip - no not yet.