I hope I'm wrong, however in terms of share price we aren't...

I hope I'm wrong, however in terms of share price we aren't looking real good for tomorrow unfortunately. It would be a great day for some positive news. I'm seeing the strongest MA bear signal I have on the 30min chart, if this plays out I would suggest we will be testing the 61.8% at 0.245. All MA's have crossed the e200 and the w5 has bounced -this is a fantastic site when it's to the upside, but on the flip side not something you want to see for the downside.


The hourly is also indicating the bears are going to have another run at this, as the w5 has been repulsed down from the e21 which has freshly crossed over the e200.

In the more medium term however, a down move can setup the powerful bull continuation signal on the hourly which I'm waiting, and I do love to see a 61.8% retrace. I'll be pretty disappointed if the 61.8% at 0.245 doesn't hold(daily close above) if it gets there though. I suspect we will have some more short term pain in the share price tomorrow, however I'm still very long. I suggest if you intend on holding IMU for the grand prize and struggle watching the price drop, you may want to leave your computer off for a few days.

I've had a look at the divergence again on the daily, it is ridiculously big, have a look at the strength of the current one in pink, as compared with the one(s) that contributed to our run from 0.092 to 0.495 in blue. Divergence remains unless the price breaks below 0.1875.