Chart- Golden cross now in place, good sign for more up move potential but it's a lagging indicator so it is not set in stone.
- Oscillators not strong for solid up turn just yet. Prefer lower end of channel.
- Still sellers out there and buying is tentative but at least it is holding in here so far, as flag forms..
Flag is sloppy, but forming with low base at .51 - if MDG breaks .51 to downside on volume that would
not be positive and until Phase 2 results not likely.
- Bargain shoppers still in the game as we move towards Phase 2.
