august week 1 2010, page-22

Couple of charts on QBE

Chart one a mirror image feedback on QBE from the recent highs.Sometimes the moves have inverted but time wise all moves look pretty good, pricewise moves are not in sync but an interesting chart anyway.



Chart two I was recently shown how RSI2 on a weekly chart is good for picking tops and bottoms. When divergence is involved moves can be pretty good. But as always with catching falling knives the rewards have to outway the risk