as for
PVPs there is nothing unusual in that. High volumes have always been the ending and starting of distributions in Stocks and Low volumes in Bonds. since 1982 and 1978 respectively. Prior
PVP levels will always act as a magnet and is in fact not the area to trade at as the only advantage is for the broker.
PVPs should be viewed as a get out jail card unless of course your objective is to scalp as for some it is for minimum trend returns