A condition where price revisits and respects the day's developing point of control (DPOC), indicating balance or stalling momentum.
When price returns to the DPOC and respects it (bounces from it), this indicates the level is significant for the session's auction. Multiple tests of the DPOC that hold suggest the market is in balance, while a breach of the DPOC after multiple tests often leads to accelerated movement as the market seeks new value.
