The reason Broadening ranges are important is because it's one of the 3 things price action can do.
It shows you sellers WANT to sell into new lows and that buyers WANT to buy above previous highs.
This means at the highs sellers are willing to sell all the way back thru the range and at the lows buyers are wiling to buy all the way back through the range.
#TheStrat
Only 2 days left till Feb 27 March notice day. There are currently 21,882 OI contracts representing 109 million requested for delivery. There are only 86 million registered. Expect some fireworks or technical difficulties.
-data source CME