weekend charting elevator week 7th may, page-34

  1. totterdell91
    2,829 Posts.
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    08/05/10
    13:01
    Post #: 6673110
    XXJ, the bank index, with a few notes for chart readers. I am betting it will reach the red support tine, but it would be usual for it to back test the red Median Line first, perhaps after a rebound off the green first warning line.

    Best bet usually, is to draw the lines, then wait to see what it rejects from.

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    lightbulb Created with Sketch.  Great analysis
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