Quoting baggyDislikedOk I see what you are saying about the resistence there was at 7463, but could you alaberate a little more by what you mean when you say it will break that resistence very soon. Was it the way it rejected it so fast that is key and does soon mean today or could it be tomorrow
baggyIgnored
Btw,I'm not saying that if price gets rejected fast, it would break it soon. All I'm telling is if the market is bullish (as per vegas buy signal), it could break the resistance.
This is no way connected to VWB concepts and it is the general market behaviour as I have studied and absorbed so far.
Edit : I read my old post..by 'reversal move' I meant the trend reversal bullish move..I think you might have understood that as rejection move from the resistance..