Think we are at a bottom. Sell orders have not been increasing and are in fact decreasing slightly.
It's not a good thing to make a decision only on the orders. The big players don't want you to know when they sell or buy a big amount. When they put a big order that's when they want you to know. You think you can't sell or buy without the orders?
I know that, but it has been a good indicator for me for a long time now. Better than any other indicator I've watched. Doesn't always work but nothing does.