24 May 2014

24 MAY 2014, Saturday

  • Hope you enjoy your Memorial Day weekend and remember those that gave their lives protecting our country and the freedoms we enjoy.
  • Above are a normal scale chart and log chart that show a very similar resistance area.  Can it break up and outward?  It can do anything.  But, those upper trendlines have repeatedly served as resistance.  1950's?  1970's?
  • The author of the charts has a blog where he charts both the short and long term of many different markets:  http://www.tradingchannels.co.uk/



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