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.
The name of the JPG is "BackInTheSaddle", but that's just for fun. I'm not confident at all that we'll see the upper boundary of those channels. Nevertheless, those are long legged candles on the final monthly charts (coming off of VERY important support). Strength in early Sept. to be followed by more seasonal weakness into the end of Oct. with at least a retest of the lower channel boundaries?
The name of the JPG is "BackInTheSaddle", but that's just for fun. I'm not confident at all that we'll see the upper boundary of those channels. Nevertheless, those are long legged candles on the final monthly charts (coming off of VERY important support). Strength in early Sept. to be followed by more seasonal weakness into the end of Oct. with at least a retest of the lower channel boundaries?
ReplyDeletehttp://img17.imageshack.us/img17/3394/backinthesaddle.jpg