[Soultrader]

Hello Ant,

I was going through my charts last night as well. From the bigger picture the markets does look consolidated. But does the 4 straight days of lower value placement warn you of any warning signals?

Or would you consider this as a slight pullback of the overall trend? We are in a very interesting level. If the consecutive lower value placement indicates a pullback it does look like we found support indicated by the high volume on the daily chart (see attachment). This would offer plenty of long opportunities. However, if this lower value placement is a clear warning sign we need to be extra careful. It looks like volume has picked up the last few selling days.