TA discussion, page-92

I might further add if the past 6 months was a distribution phase as @mitta seems to think so then why has the volume decreased during this sideways movement?? True distribution surely requires an increase in volume over the specific time period and not a decrease in volume.....

Continuation patterns on the other hand often show a decrease in volume as price moves sideways.....

It is as clear as day light that the volume has dropped off since the March high of 83.5c, the only times vol has increased was during the selling climax in late may....