Hi Seven, there are clues, volume range ratios do help.
The chart below is of one of the most powerful technical structures around. It has been around for centuries and taught in various forms for almost as long. The main principles are the same now as they have always been. It is the simple Double Bottom and there is nothing complicated about it. The chart below is duplicated over the ASX many times over, many participants, retail and wholesale, are drawn to the structure.
LEI Price at posting:
$23.02 Sentiment: None Disclosure: Not Held