It showed brief weakness just before the close as
Post# of 75392
(Total Views: 1213)
Posted On: 09/05/2017 7:28:18 PM
Re: Roger Wilco #37619
It showed brief weakness just before the close as I mentioned, but it recovered nicely. I liked the wick above .040 today, it hasn't done that since the flush on the 25th after the CC and I took it as a Sign of Strength. 
It even went as far as testing the 20ema at .042 a level I really want to see it close back above this week. We have a lot of overhead resistance to contend with, the funding announcement should be an important few days when it comes, looking forward to seeing some strong price and volume action.
One day at a time here as we are still in a clear downtrend to me, however the market trades on the Future potential, so I am anticipating some good action eventually.
It even went as far as testing the 20ema at .042 a level I really want to see it close back above this week. We have a lot of overhead resistance to contend with, the funding announcement should be an important few days when it comes, looking forward to seeing some strong price and volume action.
One day at a time here as we are still in a clear downtrend to me, however the market trades on the Future potential, so I am anticipating some good action eventually.
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