just TA webbj. this is being played with to pass time.
its all about testing the supply of the weekly 14th july low candle which had 1.04 mil volume.....the tight spread and the way that week closed to me was a sign of strength.... so with one day of this week to go and a total of only 292k volume on a ugly (to some) red gap down candle at the same level. its starting to look not 2 shabby as far as the available supply just here is concerned.
if thats the case i would expect to see a weekly reversal candle present on or before the 23rd sept.