Thanks intel, definitely helpful anyway! i really got it this week that context is king (i.e. recent background pressure). now the first thing i look at on a chart are the UH vol bars. thanks for drilling it in.
cheers
cheers
DislikedAAAAARRRRGGGGHHHHH
Just spent half an hour answering a post only to find that I got mixed up somehow and I've answered the wrong one!!!!
Never mind, I'll post anyway.
Your bar is 2 things.
It is indeed a No demand but, it is also a polar bear in Hawaii.
There is no weakness in the background only strength. When you have strength on the chart you can ignore a single ND and treat it as just another up bar.
If you had seen some weakness before, then the...Ignored