We may get a spring develop today but of course we may not as...

We may get a spring develop today but of course we may not as well.

atm todays low of 91cents has gone lower than the previous 2lows of Monday/Tuesday

and lower than 2 other days of 13/14 Jun which was last weeks Wed/Thurs.

The only other day in the last month that has a lower low was obviously last Friday.

The markets been bashed again today so anything is possible this early in the day, but if we can hold this level and close high on the bar with as little volume (signs of selling) as possible it may lead to a stronger price.

If today does develop into a spring, next weeks action would obviously need to be up.

It would be a much stronger spring if we'd did a similar movement way down below last Fridays low of 87.5cents but lets see how it goes.

atm just watching an intraday chart and there is still heaps of supply in the current down (supply) wave which began yesterday morning.

We need to see a tad of buying or a lot and then a smaller pullback of selling to feel assured that something may be to change.


P.S. sorry about my earlier post, so many grammar mistakes, woops