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, 29 July 2012
XLF
Last week was a bullish engulfing candle but the rally looks corrective to me,with multiple "kisses" of the broken trendline
I like the rising wedge scenario hugging the lower side of the 1x2 into Oct.
ReplyDeleteVery similar to what I'm showing on my Modified 360 charts.