techical update, page-146

Below one can see that we are early out of the down trend channel..the .053 and .055 stand in the way of the .065 being tested once again..Imho the positives are that we are now hugging the now support level of the upper channel on low volume...text books tell us that low volume on or near support levels are a buying opp...text books also tells us that the longer the price dwindles at or near support for a extended length of time the dynamics weaken....imho I don't believe we will sit at the now support level much longer..today we retested .053 ...again on insignificant volume...what I believe we must achieve by the next few days for the next leg to be on its way is a close above .053 in the next day or so and .055 days later. imo