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.
Wednesday, 10 October 2012
Dax
The 2 Gann resistance levels are working fine,we have a small triple top and have fallen out of the channel, 7200 may be sticky as it is twice 3600 and the low was 3590
One of the few previous high low necklines still holding (even though it did technically close just a smidge below).
We're getting lots of breakdowns. This one is rather dramatic: http://stockcharts.com/h-sc/ui?s=$DDX&p=D&b=5&g=0&id=p63263919334 That's one big island!
Time to begin counting, classifying, and monitoring all the breakdowns.
One of the few previous high low necklines still holding (even though it did technically close just a smidge below).
ReplyDeleteWe're getting lots of breakdowns. This one is rather dramatic: http://stockcharts.com/h-sc/ui?s=$DDX&p=D&b=5&g=0&id=p63263919334 That's one big island!
Time to begin counting, classifying, and monitoring all the breakdowns.