make it or break it monday, page-30

Hi guys, I know this is an XJO thread, but the indices do follow the same pattern, so here is some channelling I spotted yesterday on the XAO.
I took the two lows for the angle, pasted the angle as the centre tine onto the previous high & then made it the midline. It's a bit simplistic it's just seems to be a resistance line & channel worth noting.

the second chart (a few days old) we appear to have hit the upper green tine. Similarly I have been channelling on the basis of "if the cap fits wear it" not generated by any fancy software.

Only throw fresh veggies at me please if you dont like it :)



http://i852.photobucket.com/albums/ab81/fishingandbeer/XAO/XAO11-04-12b.jpg