still time to wait, page-9

I can see what you're saying MMM, but am still not convinced. The lower trendline since May stuck out like the proverbial, and at this point was sitting at 0.155. However, with today's test (wasn't huge mind you) it still didn't trigger a flurry of sells such as you would expect if lots of holders had their stops at that point. The parcel of sells at 0.155 totaled just over 56k, ie less than $8500. As with most of the end of day finishes, there seems to be a reprieve back towards the opening point. That has been happening whether in the green or the red. Certainly will be thoughtful if 0.15 gets downed, but for the moment am putting it down to a test still. more so considering the sea of red across most sectors.
Regards.