Looks good. What I see
- the selling was on low volume
- convergence has passed 2nd hump.
- Williams oscillator is piercing up thru the -80 line.
- a bounce from the top of the gap (8.65) indicates potential for a rip . If buying wasnt so strong, then it would have probably gone down to 8.36 (bottom of the gap)
Hope the rare earths embargo has sufficient rug pull antidote.![]()
The gravity of the global financial situation is currently being poo poohed by the Blinkered Bull Brigade, (BBB), and as General Melchett warned in Blackadder,
"There comes a time when the pooh poohing has to stop!"
XJO - Bear Posts only (Factors which might cause the markets to fall), page-23010
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