short term trade diary friday 10th july, page-107

  1. 2,313 Posts.
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    App,

    Great additional info for IMD. Thanks. Appreciate it.

    I have had a look at it on my charts, and you're absolutely correct. It really has come to a crucial point. Either a break up or a break to the downside.

    I will add a couple of additional points...

    Interesting that the parabolic buy signals (yellow dots) following the long term downtrend line perfectly. If it can break above this line (purple line) then I expect a good run up to at least the last resistance point (green line) of .725

    Also worth noting that the last couple of times there has been an unusually low trading volume it has followed on with a surge upwards.

    All interesting. Time will tell.

    cheers
    Ange

 
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