Yes
@gypaetus. When you look at the weekly most of the bars finish strongly or at least in the middle as though those down bars didn't really affect anything. There's selling and then there's supply. Selling bars can be just noise in the big picture, supply over demand is more definite — more volume and range with follow through, a break of the ice, massive effort vs result, a notable event, that sort of thing. This is why point and figure can be important, it takes you into intrinsic time and gets rid of noise. It isn't just one bar but the wave. It was something I noted from Gary Fullett — an excellent Wyckoffian. Something I latched onto as not immediately jump to the conclusion that it's supply taking over on a threatening bar when it could be innocuous.
Hopefully I'm not creating confusion.
@Jako64 may have some thoughts on it in a VSA sense. Have been getting a lot out of his explanations. Thanks Jako, by the way.
