Assistance Dog Thursday, page-15

Hi @maxi48 ... You say ... "Each to there own with charts...". Sadly, that is too true; sometimes (we T.A.'ers and others) "SEE" WHAT WE WANT TO SEE!(No criticism directed at you as I'm guilty of the same myself ...sometimes).

Take your .... (1) ..."That low___3840.20___3985///6.8.2012_____4706  TREND LINE STRAIGHT
THROUGH .... this line was not penetrated=======BULLISH"

and your ....  (2) ... "NOW   high  to high == 5025. 16.4.2010 to 4976____15-4-2011.
====4706  LOW_____ LINE RIGHT ACROSS_____testing"

... I do "see" your point of view ...  BUT, but ...

I can also see 'extensions/in addition' to those ... maybe????

Firstly (1) ... That lower (purple) TL is the one you refer too ... whilst we are back above it all is good(some would question your claim that is HASn't been broken. I'll reserve my opinion on that BUT focus on the additional merits(//'s) of it ... note (a) the next (light purple) // to it and see the "kissy, kissy's" and then(b) the // off the 4975.40H for that lovely "kissy, kissy" of the 5996.90 high ... SO, YES, your line I see as important!

P.S.1 ... Note also ... that 'lovely' A.B.C. from the 4976.40H and the subsequent 423.6% Fib(you should as it was yours remember) ... Until we get above there I'm 'neutral' on the M_L/T Bull.
P.S.2 ... have a look at the 66.7% retrace levels and their "hits"...



Secondly (2) ... shown in orange on above chart ... and then refer to my chart below ... "Forks".... particularly the orange Fork ... the MT is your 'noted' T.L. ... Note the O.T. "kissy, kissy" at the recent 5611.40 high....AND that coincided with the M/T of the 'modified' (yellow) Fork(//'s to the TL  ... 3765.90L to 4706.70L). Also, is it coincidental that the 'breaks' either side(up and down) of that orange Fork(brown extensions) were of equidistance ... exactly ... at the 3765.90L and 5996.90H?

  
Yep, we certainly 'see' what we want to see ... sometimes, right!