29 December 2011

29 DEC 2011, Thursday (AM)

  • Charts worked up by breakpointtrades.com and they were simple and to the point so I credit them and post for reference.
  • Above, all you can say is sloppy sideways...nearing apex of triangles.  Breakout will come, eventually...direction unknown.  But, when it breaks out all the stored energy should provide for a pretty good move.
  • Below, long term weekly chart with various indicators.  Take some time and review it.  There is no "system" but you should review the chart and draw some tools / guides from it for your future use.


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