best bottoms are tight ones...

Nice tight range trading yesterday...

CVI tested it's parameters, then settled right on support, with a close one pip above it...and hidden in the mix was a night tight bottom...

Well at least it looks like a bottom, feels like a bottom and even smells like a bottom, so it probably is.

As I said a day or two ago, the outing of the Nexoil tragedy should short circuit the games somewhat, with the markets fears of the unknown replaced with a capacity to measure recent activity for what it was.

I suggest more share were let out than will get back in on the turn.

Will either hold current levels for the end of the week now, or move gradually from here to a 17c+ close by Friday night.

Silly prices at the hands of silly people.

Cheers!