lets see if i have this straight. what your saying is a high or a low is formed straight after the market open and either this high or low is not 'broken'?
so lets say the open occurs and we immediately go up to form a high, price drops but will not make another new high that day, is that what you mean?.
so lets say the open occurs and we immediately go up to form a high, price drops but will not make another new high that day, is that what you mean?.