Everything is still strong, accumulation, momentum etc ~
The .055 support is holding well too. Guess we take a breather
Might be a good time to buy, Money Flow is still rising and momentum is too and it doesn't look like anyone is "dumping" cause the Accumulation indicator is still looking up ~
Here everything is looking good, in fact the only thing that I can find that "might" be a short term weakness is the Stochastic indicator which is high.
Otherwise we have found a support at .055 up .005 from where we called it. Guess from here we find out if the Stochastic stays in the upper zone like it did in late Sept into Oct or if it resets first.
With Accumalation so high and a growing positive money flow it has plenty of life left in it IMO ~
We are testing a support right now, I'm hoping it will pop back up, CMoney Flow is growing and the accumulation indicator are still very high so I'm looking for the next upward push from here, the last 3 days the PPS has been VERY tight which is a good sign IMO ~