The up bars haven't followed through, but supply hasn't either. As Jako mentioned about consolidation, it seems to be nearing equilibrium at the right side of the trading range. Wyckoffian Gary Fullett says most traders lose money trying to trade ranges. One thing we can anticipate is high volatility always follows low volatility. A shakeout, spring, upthrust, a break to upside/downside caused by a news event perhaps.
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The up bars haven't followed through, but supply hasn't either....
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