And Tomorrow ( today ! )
Tended to Confirm
Key action over the last two days was at .038
.04 appeared to be the turning point
Activity expanded with renewed buying pressure
But supply took advantage and sold aggressively esp into the close of that day at .038
carried over today with more selling ( smaller parcels )
Buyers withdrew Price could have sagged ( VERY IMPORTANT )
But it didn't , after a low of .036 closed back at .038.
At 038 price was stationary for a very extended period with very significant volume ( over the two days )
See buying take it back to .04 the turning point at .04 is reset .
SHAKEOUT !
How I see it .
Sellers were given opportunity to panic today. They didn't (IMPORTANT )
Motorway
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