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Old 02-10-2007, 06:03 AM
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Re: Processing Market Information: Segment by Segment

Excellent analysis. It looks impressive the way price seemed to go through the VAH and then retest it before moving down but the VAH was at 12674 while the previous day's close was at 12672. Having broken through that confluence zone it tested the previous day's close before collapsing.

There seems to be a trend over the past few weeks for price to rally after a fall from about 1430 EST time into the close. Calling the bottom was difficult today though but would have been easier if I'd known about that VPOC.

Are those volume histograms or price histograms you have on the chart? It seems to me that you can get more information from looking at candlesticks with a volume histogram on top than you can with TPOs.

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