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Old 06-28-2007, 05:24 AM
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Re: [VSA] Volume Spread Analysis

Hi PP

Why you don't mention the candle after the squat as an effort to rise? The close was outside of the WRB's s/r zone with higher volume then the previous four bars. In addition, the boddy of this candle acted then itself as s/r zone, followed by another effort to rise bar after the second "no result from an effort to fall". In an overall view, after the first effort to fall candle, I see more effort to rise then effort to fall.

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