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Lets look at SXY
[ATTACH=full]73166[/ATTACH]

Longer term 5 year sxy is coming up off a 5 year low of about 12c
The 200da MA show the general trend as slightly bullish over the last 2 years.
Paradise investments bought 5% between April and August
This is also within a period of accumulation between Aug 2015 - Aug20 17
We then see the big gap up on news of a new supply area being granted on 5sept then a good drilling report on 6 Sep , double good news after accumulation.
We see the current price approaching recent high of aprox 37c.
This is an important Resistance area .
If demand is met with strong supply we will see the price stall at 37c till supply is absorbed.
If supply is withheld we can expect large gap up bars with large spread as hungry buyers /Traders try to "get on the big bars" "

[ATTACH=full]73167[/ATTACH]
1 year daily
Big gap up with large vol indicates large demand[gap up] met with equally large probably profit taking supply[large vol].This maybe even paradise invesments cashing in!
Classic distribution.
Distribution continues for 4 days as large operators happily sell to hungry buyers taking large amounts of stock of their hands . All the way to the new support.
This is the AR or Automatic reaction.
The bulk of supply is distributed , then demand regains control for a few days . we see alternating days of supply and demand battle.
We then see demand taking over as supply is drying up . decreasing volume over the re accumulation can show decreasing supply ,especially if prices increase with diminishing supply.
We then see a large spread up thrust on medium vol.
This is a good sign incoming supply from big operators. Small fry are chasing the price up .
The bigger operators start unloading . we see in the 1 hour chart distribution taking place mostly at the two green arrows .
Supply starts to overcome demand on the 2nd green arrow.
The last bear bar is probably mainly smaller profit takers mixed with the remaining large distributors. we see at the last bar demand starting to overcome supply .
[ATTACH=full]73168[/ATTACH]
Day trading watchlist for sure . Cant wait to day trade.
I reckon if it breaks 37c might go for a big run as demand increases and large operators who have been accumulating over the last 2 years slowly feed the buyers pushing back up past 80c
I will get these post shorter eventually.

<blockquote data-quote="Triple B" data-source="post: 963663" data-attributes="member: 72285">Lets look at SXY[ATTACH=full]73166[/ATTACH]Longer term 5 year sxy is coming up off a 5 year low of about 12cThe 200da MA show the general trend as slightly bullish over the last 2 years.Paradise investments bought 5% between April and AugustThis is also within&nbsp; a period of accumulation between Aug 2015 - Aug20 17We then see the big gap up on news of a new supply area being granted on 5sept then a good drilling report on 6 Sep , double good news after accumulation.We see the current price approaching recent high of aprox 37c.This is an important Resistance area .If demand is met with strong supply we will see the price stall at 37c till supply is absorbed.If supply is withheld we can expect large gap up bars with large spread as hungry buyers /Traders try to &quot;get on the big bars&quot; &quot;[ATTACH=full]73167[/ATTACH]1 year dailyBig gap up&nbsp; with large vol indicates large demand[gap up] met with equally large probably profit taking supply[large vol].This&nbsp; maybe even paradise invesments cashing in!Classic distribution.Distribution continues for 4 days as large operators happily sell to hungry buyers taking large amounts of stock of their hands . All the way to the new support.This is the AR or Automatic reaction.The bulk of supply is distributed , then demand regains control for a few days . we see alternating days of supply and demand battle.We then see demand taking over as supply is drying up . decreasing volume over the re accumulation can show decreasing supply ,especially if prices increase with diminishing supply.We then see a large spread up thrust on medium vol.This is a good sign incoming supply from big operators. Small fry are chasing the price up .The bigger operators start unloading . we see in the 1 hour chart&nbsp; distribution taking place mostly at the two green arrows .Supply starts to overcome demand on the 2nd green arrow.The last bear bar is probably mainly smaller profit takers mixed with the remaining large distributors. we see at the last bar demand starting to overcome supply .[ATTACH=full]73168[/ATTACH] Day trading watchlist for sure . Cant wait to day trade.I reckon if it breaks 37c&nbsp; might go for a big run as demand increases&nbsp; and large operators who have been accumulating over the last 2 years slowly feed the buyers pushing back up past 80cI will get these post shorter eventually.</blockquote>

[QUOTE="Triple B, post: 963663, member: 72285"] Lets look at SXY [ATTACH=full]73166[/ATTACH] Longer term 5 year sxy is coming up off a 5 year low of about 12c The 200da MA show the general trend as slightly bullish over the last 2 years. Paradise investments bought 5% between April and August This is also within a period of accumulation between Aug 2015 - Aug20 17 We then see the big gap up on news of a new supply area being granted on 5sept then a good drilling report on 6 Sep , double good news after accumulation. We see the current price approaching recent high of aprox 37c. This is an important Resistance area . If demand is met with strong supply we will see the price stall at 37c till supply is absorbed. If supply is withheld we can expect large gap up bars with large spread as hungry buyers /Traders try to "get on the big bars" " [ATTACH=full]73167[/ATTACH] 1 year daily Big gap up with large vol indicates large demand[gap up] met with equally large probably profit taking supply[large vol].This maybe even paradise invesments cashing in! Classic distribution. Distribution continues for 4 days as large operators happily sell to hungry buyers taking large amounts of stock of their hands . All the way to the new support. This is the AR or Automatic reaction. The bulk of supply is distributed , then demand regains control for a few days . we see alternating days of supply and demand battle. We then see demand taking over as supply is drying up . decreasing volume over the re accumulation can show decreasing supply ,especially if prices increase with diminishing supply. We then see a large spread up thrust on medium vol. This is a good sign incoming supply from big operators. Small fry are chasing the price up . The bigger operators start unloading . we see in the 1 hour chart distribution taking place mostly at the two green arrows . Supply starts to overcome demand on the 2nd green arrow. The last bear bar is probably mainly smaller profit takers mixed with the remaining large distributors. we see at the last bar demand starting to overcome supply . [ATTACH=full]73168[/ATTACH] Day trading watchlist for sure . Cant wait to day trade. I reckon if it breaks 37c might go for a big run as demand increases and large operators who have been accumulating over the last 2 years slowly feed the buyers pushing back up past 80c I will get these post shorter eventually. [/QUOTE]

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