short 4489.25 supply is larger than demand as can be seen by the prices dropping. Sellers hitting the bid stop at 4497.25
stopped -8. Out of nowhere, the demand took over and buyers lifted the ask couldn't be detected by watching market participants
buyers and sellers fighting it out. Buyers failed to push it much past prior high, so demand could be lessening. Short 4495.5 stop at 4500.25
supply is still outstripping the supply. Traders behaviour is demonstrating bearish intent through the order flow