mjmoneybags, first let me start off by saying that I enjoy your charts and everyone else's genuine TA assessment. I'm only a novice when it comes to TA so I am always interested to learn more. Regarding today's chart that you posted, I was wondering if you could confirm your assessment of "-Broke below bullish trend on stochastic".
The way I see it your stoch trend line is not sitting properly. It needs to touch the low point of 1/9/10 and join with the low point on 30/11/10. If it is drawn this way then today's stoch will only just touch the trend line. So it will be interesting to see whether it breaks down or bounces off it tomorrow.
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mjmoneybags, first let me start off by saying that I enjoy your...
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