Welcome ..Followers will have Learned to Watch for these Meeting Points(Confluence) of Multidiagonals..this is Where U can Expect to See BIG Moves Heres a Great Example...BellZone Mining
WHY does this Happen? Algorithms are Programmed to BUY (or SELL) en masse 'News' Items often Arrive to 'Stimulate' the Action but Price more often has no longevity and returns Back to Base proving the News IRRELEVANT it is only a ELECTRONIC ALGORITHMIC Response..
I used Multidiagonals to Calculate a Likely Top..at which point the 'SELL' Bots will Take Over
Remember this is NOTHING to do with ElliotWave Fibonacci etc that DONT Work