ADX not really that hard to follow...its preset at

ADX not really that hard to follow...its preset at 14(black line), anytime it touches either the +/- DI it will bounce, just doesn't really determine how hard of a bounce. I use it in conjunction with another indicator. It is very handy. But if you look at the accum/distrib line it shows that we have only fallen of slightly from the high point. Can get back there very quickly or even higher. That is telling me that there aren't many sellers. Maybe the flippers are losing shares even causing them to rethink their strategy, if we can just keep even minimal buying pressure we should at least stop the downtrend so to speak.