This in essence is what I've been doing to find support and resistance, though I've been using plain ol' volume at price and eyeballs. The utility of it is that price will reverse at extremes and return to the "value area" (or
POC, or midpoint, or whatever), i.e., that "big money" traders will find few trades at the extremes and return to those areas where they will be able to do business. For anyone looking to ride the wave, they generally begin at those extremes.
Good to see you back
