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.
Saturday, 13 October 2012
Ron Walker's 60 minute charts show a potential bullish declining wedge which needs to be watched early next week as it could lead to a relief rally
Glenn Neely sees the entire pattern above (since early Sept.) as an expanding triangle that will create a great opportunity to get LONG in the next couple of days for at least, a retest of the previous highs and quite possibly a move into the 1500's.
Glenn Neely sees the entire pattern above (since early Sept.) as an expanding triangle that will create a great opportunity to get LONG in the next couple of days for at least, a retest of the previous highs and quite possibly a move into the 1500's.
ReplyDeleteDarah seems to agree http://thecompletecoveragereport.blogspot.co.uk/2012/10/locating-year-end-rally.html
ReplyDelete