Possibly fabian,Funny week this one though, with the holidays in...

Possibly fabian,

Funny week this one though, with the holidays in the US, only really 3 1/2 trading days so I would'nt read Too Much into it this week.

I expect (hope) to see their real intentions next week, that should help the analysis some more.

Did they leave the herd with a nice warm fuzzy feeling yesterday for the rest of the weekend ?? (setting up a Gut feeling, which is often wrong)
Only to knock the wind out of them sometime next week ??
Or are they really bullish ??

No way to tell at the minute, however that "shakeout over four bars", which isnt really a VSA/Wyckoff principle, but that is what it looks like, could be some indication of what is in the future (perhaps).


They often (not always) "test for supply" on a Monday, especially after a long weekend.
So the bulls will be looking for a narrowish spread down bar, closing mid to high on lowish volume, & the next bar up with a slight increase in volume,
the bears the inverse.

Lets see what we get, anything can happen.....

I'm still a wary medium term bull at the minute (especially on the local market), but can change in a flash if nessesary.

cheers