22 May 2011

22 MAY 2011, Sunday

  • Not much of a week.  Sunday, 15 MAY post still applies as far as I'm concerned.  Although, we did post the first lower high and lower low in quite some time....something to note.
  • Here's a chart I saw from the author of this website...http://channelsandpatterns.blogspot.com/
  • That bottom up trendline is still holding and, interestingly, it's about the same spot as the 90DMA (discussed last Sunday).  You can check the charts in the sidebar.
  • PS...my computer was struck by lightning / replaced a few weeks ago and I upgraded charting software and am still banging around trying to learn parts of it including chart captures.  Almost there....glad I have those charts in the sidebar for those interested!

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