Notice how book expanded on the deed to novel highs, validating the breakout move. The book was skewed toward the offering vs. bid side in addition to came into the marketplace seat higher upward VWAP in addition to higher upward the book bulge at the 1054/1055 level. That tells us that the marketplace seat is accepting value higher, in addition to it suggests that shorts had to embrace when they could non force cost below their overnight lows.
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