Looking at the two marked areas with extremely high volume with positive closed. But
what happened the next day? Price began to tumble instead of moving higher. This
is really confusing as why price fell after a solid upday on the previous day.
This is clearly detected by my Expert Indicator which showed the message "Professionals are
distributing". But why distributing and not accummulating more to the upside instead.
The reason that I can imagine is that the Professionals with huge book orders are unable to
unload all the shares at in a quiet market place. They have bought much earlier at a discounted
price and waited for the right time to unload the inventory to make a pile.
The only way to unload the massive inventory will be during a bullish market day where there are
more demands. This will be the time where the Professionals will be able to unload to the demand side of
the market. After unloading, there are no reason for the stock to go higher and this can be verified
by the next trading day volume which is usually average to low volume. Price will start to move lower
to find its next support level where the Professionals will enter again to accummulate the base which
later become the FULCRUM for the price to move higher again.
This is how I interpret the market, this is my way!
Thanks for reading!
