madmacs next chart, page-15

Hi Deltra
when what I post makes little clear sense
It probably means I dont know and was attempting to see anything over the past few days to give a definitive lead.

There is a fairly clear flag pattern in the range of 5 trading entries since the last spike, which should be a safety factor.below the 115 would be a stoploss to consider...
or we can all see the dreaded gap at 104/ 106.5

after the recent drop
the accumulation momentum has been retained and is actually higher now than early november at the same price levels...thats the positive I was attempting to describe.....

Think I need a coffee, wish this one was easier..perhaps as you say the action of less obvious stock will just reflect the Dow...will give it more thought perhaps Blueb can chime in

john