update 19/03/13

Earlier I noted selling in the 50’s and how developing value was at 1535.

It went under 1535 and came back up.

export_template_updated_2

It was unable to reach the weekly or 24 hr mid. There were no buy interest or stops inside the gappy part of todays profile to ‘springboard’ price on either of 2 attempts to get back up.

Chart with observations on volume:

MAIN_2013

Price is doing a back and fill.

Areas of interest below – would be nice to see above 1513 get filled to improve ‘market structure’.

1518/22 – cash gap and mid point of last swing.
1508/13 – High volume area where price traded for 13 days.

es_composite_candles

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