thursday ta thread, page-10

I'm watching pretty carefully today,

We look like we will have an increase in volume today compared to yesterday.

The market has been down for most of the Day.

But even with the increase in volume on a down day (so far), we are unable to break yesterdays lows.

To me, this is showing a lack of selling pressure, the sellers have dried up at this level, and at this point in time.

A lot of the Floating Supply may have been mopped up now, they may have to shakeout to get much more.

Dow looked weak last night (up, on No Demand), will have to wait and see what they have in store for us tonight.

cheers