TA discussion, page-3387

I haven't posted because there isn't much point right now. The market is in the grip of one of those silly media driven events which will most likely as usual turn out to be totally pointless. I would have to use my toes as well as my fingers to count the meaningless 'crises' we have had so far over the last few years which have amounted to nothing. Remember Greece, Spain, Portugal, Ireland, Italy, Brexit, a whole bunch of budget crises in the US. China was going to have a hard landing about a dozen times and so on ad nauseum.

Alexium has been sold down this last few days like most everything else so 'market forces' are not typical and until the last of the election spooked holders throw in the towel  it is hard to get handle on proceedings. The daily chart shows signs of a double bottom bounce  around 59 cents but I would only throw it up as an option, I don't really know where this will stabilise.


Daily COB October 3rd.