Our Ultimate Oscillator is hitting a short term wall with the green fill on the third set of oscillators.
RSI still seems to pointing towards more bullish action.
Nearly hit the 0 line of my long term upwards fib channel.
Bounced off the 0.5 line of my long term downwards channel, then bounced off it back up in price to 0.382, at which point we bounced down off the 0.236 Upwards Fib Channel.
Still hanging around 0.382 on the downwards channel though, if we don't break backdown towards or below our upwards 0 line I am expecting more pumping to come this month as futures just expired. I think this month will have some real good pumping.
RSI still seems to pointing towards more bullish action.
Nearly hit the 0 line of my long term upwards fib channel.
Bounced off the 0.5 line of my long term downwards channel, then bounced off it back up in price to 0.382, at which point we bounced down off the 0.236 Upwards Fib Channel.
Still hanging around 0.382 on the downwards channel though, if we don't break backdown towards or below our upwards 0 line I am expecting more pumping to come this month as futures just expired. I think this month will have some real good pumping.
Comment:
boom baby
take the brown acid