Hi Beany Sorry didn't get a notification you'd posted, yes I'd...

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    Hi Beany

    Sorry didn't get a notification you'd posted, yes I'd take that last bar as an unconfirmed test, then Fridays as an unconfirmed secondary test - Fridays was high volume (the same as Wednesdays but less than half the spread) but it closed at the top of the bar. Fridays bar may have absorbed all the remaining supply, or there still may be more to absorb - Monday and possibly Tuesday will tell.

    After a look at the weekly, it could be facing a fair bit of stale supply above .35 from the last week of June 16 so it may pay to watch for slightly longer.

    CCV Weekly.gif
 
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