Spread went from .5 a penny to a penny to me this is a good indicator that we are going to advance in price
Volatility and Bid-Ask Spread
Another important aspect that affects the bid-ask spread is volatility. Volatility usually increases during periods of rapid market decline or advancement. At these times, the bid-ask spread is much wider because market makers want to take advantage of—and profit from—it. When securities are increasing in value, investors are willing to pay more, giving market makers the opportunity to charge higher premiums. When volatility is low, and uncertainty and risk are at a minimum, the bid-ask spread is narrow.