Chart Thread, page-201

Hey mate, this won't be popular but just passing on what the chart is displaying. As you can see by the high wicks that 20cents was the line in the sand and above that saw supply taking profits.
The 8ema wasn't strong enough to hold it as it closes below that now so lets see what happens at the bollie median level (white). The rolling over of MACD supports this.


Here's the hourly showing the sell down. For those watching at home intraday, you are looking for a reversal of these 30min and hourly charts as an indicator that the lows might be in for the shorter term.



Cheers.