Price is/was/will always be the final arbiter, but I like to use cumulative volume delta to peer a little deeper into order flow. Check out the below graph, the below line is averaging the delta (volume at offer – volume at bid) to smooth the behavior out so I can better observe the trend.
Since the 26th, more orders are taking place at the offer than the bid suggesting aggressive buyers are more active than aggressive sellers. Perhaps the developing shape, wall-o-worry, is leading the market. Perhaps buyers are getting too far ahead of themselves and will blow their buying power before an actual move. Nevertheless, the bid is present:
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Great observation ! I’m looking DJT turned green also. Will see how it close.
buyers flinched and the rug got pulled