move, page-69

Yep, sort of.....not really an absorption bar, but possibly an accumulation bar, or part of the accumulation process,
and yes, it does appear to fit in with the saying - "an upthrust in the wrong place"
It wasn't really trading down there for most of the day yesterday, but it was 'closed' down there to leave it with a bad 'gut feel' overnight.

Anyway, a bar like that would normally be considered as weakness, however, if there is no follow through to confirm the expected weakness, then it must be something else, whether it just be a statistical anomaly, or something worth paying attention to.....

So far today there is no confirmation of weakness............

cheers