By the way i mentioned this was coming week or so ago.
chart below
I give up. What's coming? A random chance encounter of a 002 Ask and Bid finding each other in the dark? Don't technicals need a predictable level of volume against the float to function?
If someone wants to perform the experiment, my bets are a bid of 003 is likely to execute at 003. Not because there is the absence of 002, and 001 Asks, but because there is probably a higher volume of 003 Asks that were left behind, and still waiting. Likewise an Ask at 0006 is likely to hit an untouched volume of bids. No Slow Stochastics, no RSI, no nuttin other than random hits based on where the volume Asks and Bids are at in the dark.
