break of 50dma and downtrend, page-38

Parrot with all due respect what you fail to recognise is that a descending triangle pattern gives the observer an insight into how a security is performing in relation to price and volume.
TA is NOT some hocum pocum voodoo science, but is a trading tool used by every single large and small trading house on the globe and absolutely NO market participant that trades on the COMEX trade without using TA....and that is FACT!

Dan Norcini sound familiar???

So you choose to ignore it and consider it rubbish, fine but don't constantly deride me or anyone else that chooses to discuss it. Maybe if you had a little more time for it you would understand how charts and cycles work and wouldn't be so quick to discount it.

BTW, Thought you weren't interested in aything I had to say?!!