What is the significance of the rise and fall?
1. Warning: Large block orders are not the only ones absorbing at low levels, they are also selling at high levels. There are nimble funds in the market, like snakes, that can dissect the market trends.
Basically, the large bearish candle in the blue box has been engulfed, indicating the presence of buying pressure at the bottom. Despite the decline in the large cap index.
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