[weiwei]

Cooter, as for me, I have no way of telling if Smart money is the one who is capping, all I have is data from tape and I do my best dedution out of it. And I would guess that most people can not know who is capping in this case.

It is base on this logic that I made my analysis.

The pic dose not tell the whole story, as it leaves out any transaction below 700 cars. so during any 1m interval, there could be a flux of sub-700 cars, and the chart is not showing.

again, my logic is that any time there is a transaction that big, some one is serious. on top of that, if there are many of them at a price level, then that some one is dead serious about protecting that price level.

so carry this forward, to break out of that R level, a lot of money will have to be involved.