beautiful friday, page-49

Mongo

Nice chart and suggests strong support or a least a critical pivot point.

Which brings me to flat bottomed broadening tops.

While they are mostly bearish or even ultimately bearish, it is true that in bull markets that they don't break or really mightn't break for years.

No I know we broke ours here but not in the US and FTSE had a false break.

It was pointed out me long ago by GSE1963 how often we see a smallish pullback in the year and later in that year have a much more worrying pullback from a higher level down to the same price and then head up much higher.

Now ultimately it will break but can be years down the track.

Very long winded and not what your ma's are about but agree this the line in the sand for the bulls.

There's a battle outside and it's raging.