Work was great. Frustrating not to be able to watch and post.. I saw the dip at the end, but .0011 was strong all day long. Better than the last three days. I think it was flippers playing the spread again since the sells at .0009 weren't all that hefty the last 10 minutes.
It looks like it is strengthening again chart wise. Very light selling volume. Way oversold and looking for a sharp reversal. Money flow out has flattened and looks like it will turn and the MACD is still going up. Direction movement is still positive but more sideways then a strong reversal. We have been touching and today we are resting on the 50ma for the last 4 days, so I don't think we will fall below the 50ma.
The wierd action in the last 10 minutes tweaked the chart lines, but it was weak action. We may continue to strengthen at .0011, but soon we will try .0012 and .0013 again. Of course any news could change everything.MHO.
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