agree ant...
'day timeframe trend day up' but profile shape was 'P' -- generally means some long-term selling and is early warning sign that market might be struggling to auction up.
though not identical -- might be similar to Daltons example on pages 120-122 (Day 6 in 'Markets In Profile')...
despite the late move down, we closed above
VWAP and built higher value. there has been no sustained selling below
VWAP in 4 days now. as a
Taylor disciple -- I will be looking for a 'high to low' day tomorrow -- but trying not to be too biased and just take the set-ups as they come of course...
btw, in MIP -- the day after day 6 was a balancing day that built higher value -- then a trend day down --- that would be ok with me...