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Re: None

Monday, 09/27/2021 11:03:22 AM

Monday, September 27, 2021 11:03:22 AM

Post# of 32462
Remember that the 50 SMA for the hour is @ .0086 while the half hour is @ .0094. They both are just 'flat' which means to me that we are just 'tredding water' for the time being.

The interesting thing to me for the near term is the 20 SMA for the 30 min. It is .0085 and is declining. It will be approaching the 5 and 10 sometime today. This will be very telling. If we can see those three converge together and start rising to meet the 50 we could see a 'sling shot' effect soon.

Key areas to watch will be a close of the 60 min @ or above .0086 which is only abour 10 clicks away from here. Then of course moving up to the .0094 area for the 30 min close.

All this should be done before they go from flat to declining.

SM