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3 push down (red arrows) so some chances the low was in, sometimes there's still a slightly lower low or higher low (More likely) before the rebound.
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Consolidation, bias is down. Generally it may break the day low and then rebound, generally.
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Breakdown would be more likely if touches the blue line again.
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The rebound might be sold but I think the low might be in for today so the coming pullback might just be a higher low.
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Beijing supermarkets run out of salt after false rumours circulate that iodised salt can help ward off radiation poisoning
Associated Press
Thu 17 Mar 2011 13.13 GMT
Worried shoppers stripped stores of salt in Beijing, Shanghai and other parts of China on Thursday in the false belief it can guard against radiation exposure, even though any fallout from a crippled Japanese nuclear power plant is unlikely to reach the country.
The panic-shopping was triggered by rumours that iodised salt could help ward off radiation poisoning – part of the swirl of misinformation crisscrossing the region amid Japan's nuclear emergency.
Text messages on mobile phones have circulated about nuclear plumes spreading throughout Asia. Rumours also spread that salt was adequate protection for radiation sickness.
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