Washing -- The Art and science of the Two Way Auction Process!

Fairly decent washer machine overnight session down but when the regular session opened price was in a minor low zone of the daily range lows. And this triggered a nifty by response higher as the two-way auction process is really showed its hand.

No superduper trades of the day to feature today. Although there is a pretty nifty VWAP reversal but you had to take quick points on it.

It is obvious that a daily minor low is bullish. But I'm not going to jump on the buyers bandwagon and make a call for a high odds reversal higher tomorrow. It is the expected response for sure. But the session felt like short covering today, and I suspect that there is also a high chance of responsive washing machine move back lower.

                     Click item