This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Sunday, 21 November 2010
Lumber
I posted a long term chart with a bearish triangle on 12th November and it is looking valid as we have gapped down from the resistance area this week
This is an interesting analysis. Do you think the gap will be filled soon? Also, do you think the lower resistance line on your previous lumber chart is still valid?
This is an interesting analysis. Do you think the gap will be filled soon? Also, do you think the lower resistance line on your previous lumber chart is still valid?
ReplyDeleteI think it is still valid,my guess is we do not fill the gap.I see quite good support at 225 area however.
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