2. S&P: Examination of Price Action (updates in lgt blue)

٢٤ أبريل ٢٠٢٢

Price has reached the area of major liquidity as suggested last week (outlined in green). Now price will range in this area to absorb liquidity created 11 Feb -18 Mar (Price will be similarly volatile as prior price movement in this area). Once the "Cause" has been created then we can assess for the next major "Effect" be it a markup or markdown in price. (**pt2 analysis in lgt. blue**)