Merv’s Daily Uranium Index
Note that the volume is an average volume of round lot sales for the 50 component stocks. For total volume, multiply by 5000.
How much longer are we going to endure this constant dribble, dribble in the Daily Index. Another day and another minor down day. We are now below the major area of recent activity and moving lower. We are now on watch for that 160 level hoping that it will hold should the Index get that low, which it looks like it will.
Nothing new, all indicators for all time periods are unchanged and therefore the intermediate and short term ratings remain BEARISH.
The immediate direction of least resistance remains lateral.