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PIT Magic Indicator

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DPOC (Developing Point of Control) is the price level where the most trading volume has occurred so far in the current session, and it moves as new volume comes in, often acting like a short-term magnet for price.
WPOC (Weekly Point of Control) is the price level with the highest traded volume for the entire week, commonly acting as a strong reference point where price may pause, reverse, or consolidate.
Support is a price zone where buying interest is strong enough to stop or slow down a decline, often causing price to bounce upward.
Resistance is a price zone where selling pressure tends to overpower buying, frequently preventing price from moving higher and causing pullbacks.

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