Vol may be down but selling continues, 34,816,704 sold this week.
I note also that the reported lending has caught up to show the 4,ooo,ooo shorts late last week.
Only problem I see is that they actually lent out 8,000,000
So from that I think we may be in for a sustained attack & potentially a lower sp. but the indicators are well into oversold territory now so we may be close but the weekly looks like it has further to fall yet.
We will know more tomorrow.
Did someone mention the gap at 0.08 the other day?
A low around 10 - 11 seems more likely
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