I'm sorry but I just have to call BS on the whole charting voodoo. I admit... charts are "marginally" useful to look at volumes and buying/selling pressure... But you know what? News and REAL events are what make the PPS move. Half of w/e clever analysis in that chart is right out the window IF AF's were released as promised.
Oh... and L2's are more useful if you're trying to decide when to buy/sell.
If I'm wrong I'm wrong but c'mon... NEWS > after the fact charts
Charts are a fancy way of saying: See I told ya so! And in this case it's saying I told ya so several weeks after the fact... lol good game: NOT!