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.
Friday, 12 August 2011
TEM - very rare pattern ?
4th attempts at a level nearly always work so a quadruple top is a rare beast
chart- do i see a jxxd weekly yin yan candle on that templeton fund near the end of the topping pattern? i think i do. also, spx had monthly jxxd yin yang pacandle sticks june/july. what happened to the market after that? same thing as happened to BP after its daily jxxd yin yang candles during Gulf of Mex oil spll. JXXD - "i lift my lamp beside the golden door"
Is that a fund with a fixed composition? If not, technical analysis won't help much. -M
ReplyDeleteNo its an investment trust run by Mark Mobius and TA works just fine !
ReplyDeleteWhat is the ticker?
ReplyDeletechart- do i see a jxxd weekly yin yan candle on that templeton fund near the end of the topping pattern? i think i do. also, spx had monthly jxxd yin yang pacandle sticks june/july. what happened to the market after that? same thing as happened to BP after its daily jxxd yin yang candles during Gulf of Mex oil spll. JXXD - "i lift my lamp beside the golden door"
ReplyDeleteTEM is the ticker butit is a London stock exchange listing
ReplyDeleteHu Jxxd great to hear from you ! Is the lamp rusty yet ?! Hope all is going well,thanks for the observations
ReplyDelete