RE:RE:Some Basic TAI guess it's this week. New year low is here once again as expected.
You can tell how enraged some of these bulls are by the increased pumping and personal attacks. Don't think this will get over .11 anytime soon.
steveM45 wrote: down 20% since. It doesn't look like .10's will hold. .09's this week or next.
steveM45 wrote: Resistance .17, Support at .12
Currently about 35% away from resistance, and about 4% from breaking support.
Needs to break resistance of .17 to change the daily downtrend, and breach .12 indictates another leg down coming.
Also, daily highs are getting lower.
Bottom Line = daily downtrend still strong. Nothing has indicated any change yet.
The trend is your friend.
You can cry & deny but the market will set you straight.