Follow-up: I asked whether "absorbed vs pierced" big orders predict anything. I tracked 1 million of them. Pierced orders don't keep going, they give a little back (pre-registered)
- **Where we left off.** Two weeks ago I posted about our live "order absorption" card. When a big taker order pushes the price, 2 minutes later the move has either faded (absorbed) or held (pierced). About half fade, half stick.…