otherwise pointing out, that's not technically a demand zone
there, demand zones are formed when price forms a higher low then
takes out a swing high. The low in mid Feb was just a minor support
area, not a true demand because price make a lower high, didn't
take out the previous high
the low in Dec was sort of a demand as you made a slight new
high, but not a super strong demand as price didn't make a closing
high there in early Jan, just an intra day high
not trying to be the technical analysis police LOL, just trying
to education. When I first starting labeling supply and demand I
made the same mistake
LLY - has tested the
Posted by timebandit on 28th of Jan 2026 at 12:01 pm
LLY - has tested the bottom of this demand zone multiple times this morning. Has held so far
nice move lover on your
Posted by matt on 28th of Jan 2026 at 12:13 pm
nice move lover on your LLY
otherwise pointing out, that's not technically a demand zone there, demand zones are formed when price forms a higher low then takes out a swing high. The low in mid Feb was just a minor support area, not a true demand because price make a lower high, didn't take out the previous high
the low in Dec was sort of a demand as you made a slight new high, but not a super strong demand as price didn't make a closing high there in early Jan, just an intra day high
not trying to be the technical analysis police LOL, just trying to education. When I first starting labeling supply and demand I made the same mistake
Thanks for pointing this TA
Posted by mitchell on 28th of Jan 2026 at 12:50 pm
Thanks for pointing this TA nuance on demand zones. I like the educational items as trading is constantly learning and adapting.
That's helpful, Matt. Thank you
Posted by timebandit on 28th of Jan 2026 at 12:47 pm
That's helpful, Matt. Thank you
There it goes
Posted by timebandit on 28th of Jan 2026 at 12:06 pm
There it goes