some interesting points to note. price aside, Friday was a good day on the chart.
CMF getting better. we can expect some pressure on the ask.
Accum/dist and Chiosc moving up, and doing so with some strength.
Stochs holding steady, implying buyers equaling the seller(s)
Momentum indicators -- ppo, macd -- also holding steady, and doing so in a downtrend.
and lastly, looks like a hammer candlestick at the bottom; a very strong indicator of a reversal.
putting on my thinking cap -- obviously my mind is so clouded i need all the help i can get -- it looks to me like MMs sold inventory. maybe even cleaned it out, and if so, it would be in preparation for the next move, which should be up not down.
looking in my ever misty crystal ball, i see a run coming soon -- prolly this week. resistance is at .0011 and .0014. bid break of .0015 and we should see .002 to .0024.
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