>>The market has rallied strongly since testing the 12mn VAL (2605) on 10/30….During Wednesday’s session ES probed above 2806, the 12mn Value Area High (VAH). Price Acceptance (time) around this level would be a further positive but the negative developments would be: a fast rejection of that level and a subsequent break below 2774 which is Wednesday’s green day low (this rarely happens in a strong market).<<
