tick tock, page-38

ndl, the last two days have almost identical volume, identical spread, one closes a half cent off its low with today closing a cent off its high, if we ignore the close of Thursday the other four days this week have closed within a half cent :)

It may be looked at as a small bullish pattern (in isolation), not in the real sense would you call it a 'SOS', but one never knows a small green shoot has to start somewhere, even though its in a very bare paddock.

The weekly bar closed showing a small hint of strength, but remember its still well and truly in a downtrend.

Two charts today, both showing different divergence indicators, of interest is the first which has fired a 'pending' long signal, yippy, this is only the third time in 8years, the previous two longs happened in late 2011. (btw with LYC it has fired more shorts than longs)

The lower chart is almost doing the same, note the bullish divergence building, (rising indicator with falling price etc) it simply needs for the indicator line to cross that trend line and change colour to green, which it is just about to do. That first chart, that indicator needed to cross 'either' threshold and then for the signal lines to flip, which it has just done. An interesting period is approaching, either willy and bambie will fail together, the current short trade continues or phil is the lucky one cause of their latest purchase :)