In this review, we document the current market state without attempting to predict the future. Market orders are gradually shifting toward buyers, while support for limit orders is declining. The price is upside and is in a rare percentile zone, and the heat map shows a cluster of limit orders above the current price. Despite low volatility and localized growth, the Dow structure remains bearish.
Table of content
In this market review, we are not attempting to predict the future or predict what will happen next. Our goal is to state the facts we have at the current moment. We base our actions on these facts, not on our expectations and hopes.
There is nothing noteworthy in terms of market orders, but the balance is gradually shifting toward buyers.
Limit orders show a gradual decline in the number of buy orders.
The impact of market orders on price has begun to diverge in favor of buyers (black rectangle).
Currently, buying activity has pushed the price up, and this deviation is in a rare percentile range.

The heatmap in Z-Score mode shows an abnormal cluster of limit orders above the current price.

Price Dynamics
Despite the balance of market orders, the price continues to gradually rise, while maintaining low volatility.
Nevertheless, according to Charles Dow’s theory, the downtrend continues: lows are being made while highs remain unchanged.

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