1st week of may . weekend charting, page-2

ANZ

Weekly



Here the daily close up - I've zeroed right in to the most recent swings to show you where the forks shine in short term trading. In the longer term we are looking for good multi-pivot lines - but for short term trading we are also zeroing in to the most recent swings - not to get a good "fit" but to get early signs of swing change - for example price failing to reach a median line - or a lower tine that breaks early gives us as much info or more about short term direction as a longer term pitchfork thats nice and symetrical with a long term multi pivot line. A "failed" pitchfork tells us a lot when we zero in to the cold face of the price action.