Mnkd what a bust. Mr Mkt must have decided the terms were horrible.
The fact that vol was high yesterday, 30M+ and yet the price barely budged. I tried to remember these price actions although I am not a real believer in charting techniques per se.
It is more in the line of behavior economics. I once read a nice piece of opinion on how psychology can explain nicely charting concepts like price support, head resistance etc ...
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