I posted this in the DT thread too - just picking brains...
MTH daily - after today's capitulation on the back of 'meh' news: From the low on ~28 June to the high on 23 August, I've got today's action roughly close to a 61.8% fib (which also closed a gap from 22-23 August). Could you now call this a bull flag? (my base MA, 17-bar weekly, is still bullish)
Oddly enough, to 're-live' the flag pole (roughly a 100% gain) at these prices would take us almost exactly to the 38.2% fib on the 2-year chart (0.105).
Any opinion would be much appreciated - I'm having fun here...
