So do you think the change of character phase lasted roughly from the start and to the end of April and then ranging phase between ~5c & ~6c from just after the start of May? Would that make the 'combined spring' a little too early in the ranging phase then?
If the sp doesn't hold back up in the 5-6c range, then could we possibly conclude that it actually went into a downtrend following the change of character from the overhead supply mark, and a further change of character will be required to setup an accumulation range?
Cheers
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