again this Monday with a new 21 week stock market and go back to analyze our spectrum-volume quotes with Market Profile.
Today was a day to be dominated by institutional players, expected to start your day a certain upward by the title, as written in the latest edition as it was formed last week a 1.2.3High confirmed, was so high that it was likely to form the classic RH (hook) to immediately start the day, and in fact it was so, the hook shown in red in motion by the MP had a trip quite large even going to test the strength of the 2 1 .2.3 High who was in the title area of \u200b\u200b16.40 .... did not have the strength to break this level and after a brief pause on the top side is carried down again to check the upward movement of the base, at which it bounced and started trading in range to form the bell volume that determines The new range of levels described in the figure.
The trend of the day and then appeared overall distribution confirming the trend established last week, always by the same stakeholders.
We also note, however, that the day today has scored a triple bottom and that bottom is accompanied by volume (note the last peak in brown below), this peak, however, seems to have limited entity telling us then that the closure of today is less than the maximum mark that day in that automatically turns into resistance.
We are still short and we have no significant signs to change our approach.
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