Moxa1,

I respectfully disagree. Although, disconcerting that the sp is red, I have previously stated and fully expected it to reach .50 - .51. Technically, the sp right on target in confirming the current trading cycle.

Being 'red' today is no where an indicator of the 10Q. If it were, the sp wouldn't be holding in the current consolidation pattern.

As a reminder, symmetrical triangle patterns have no bias as for the break out price bar (bullish or bearish). If an NR-7 indicator (or close resemblance of such) is hovering on or near the bottom support line of the triangle, then the pattern is predominately bullish. If on the other hand an NR-7 indicator prints nearer the top resistance line of the triangle, then the bias is more bearish.

Today's indicator is not resembling an NR-7 but is merely resembling that of expected trading touching the support line.

GLTA,
PxP