Selling into .001 is a contrarian indicator

If you take a look at the daily chart below, you will see that the last 2 times we had volume selling into .001 on 5/15 and 7/18 we saw moves up to .006 and .007 respectively.

As mentioned, we are in the window of time where MPIX is set to make a bullish move and the indicators have been lining up. This last contrarian indicator, capitulation selling, is probably the icing on the cake. We are approaching mid month which is when I really see the move back up occuring so get ready for some fireworks shortly.