Actually, I just said the line is probably the reason why nothing much is happening right now.
On your drawing it
has crossed the line.
Who cares? It's a big line. The market isn't in panic mode yet. Either someone believes it won't go much lower or they are trying to prop things up while completing a large sale outside the exchanges.
It was exactly my point. Long-waited-for news are coming, long lines are crossed, but nobody seems to care.
EDIT: just as I was writing this, something started
