Dink I believe your likely right from my own charting but not sure I see why you came to the same conclusion I did from this chart. Best to ya. 9/17/15
@Tomb: Thank you. My analysis is derived from volume and price action combined; that's it. No subjective indicators. No black box systems. Simply getting a feel for when and where the shift in the supply/demand situation might change. My analysis is based on what is actually happening in the market, not what I want an indicator to tell me is happening. That doesn't mean I don't use indicators (I use only 1 price-based indicator). Only that indicators are a crutch for retail traders and they should spend more time looking at the price chart itself and not the indicators above/below it. 9/18/15