Weekly suggests not quite game on just yet, but in saying that if it does tick up there is no reason why not ??
If we surge up too fast here into next week I would be inclined to lock it in rather than think we are off to the moon, We need to build a solid base as this market is still dodgy
Higher Swing bottoms required IMO
SSkim
You were asking about not being convinced of volume the other day and thought to share my BHP charts which i captured, todays not in yet but will put on charts over weekend. I like to use these tools to gauge the market and not what popular opinion may be
To the naked eye there was not much volume, but some times the story is there ??
Tuesday
This was after a weak lead from europe and amatuers panic early, only to see buyers pick her up later in the day
Wednesday
US back on line and after a rampant move by asia and europe, the US dump off from there highs to show the world they dont like being lead, but BHP buyers werent fooled and were thinking the US were going to play ball last night ??
The slow sell off was again meet by pro's buying in the afternoon ??
Oh well thats my story LOL and it worked :))
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