Yes, transfusion. The liquidity break is about capturing new orders and then milking them feeding the progression further, making it last.

I’m saying this because since the last setup which was a slow bow back, the leg up had the characteristics of a fresh blood/liquidity break.

I do not currently have an example of a move like that not crossing above the daily 16 EMA, but I tend to think this is an ominous sign. Day 5 has touched down into the target box, but the overall lift was pitiful, which leads me to believe that a new measuring leg is going to be printed next

There is absolutely no sign of a bottom here, the orange shading is a continuation sell highlight.

We have to first make a new volatility compression anchor and then talk about the divergence part.

---

Damned futures traders.

I had my best Friday ever.

Currently at 174%.