charts 2011

Hope everyone had a great break.

Monthly



-Continued the zoom through middle black tyne
-Broken through top red tyne
-Looks like going right to the top black tyne
-Stoch got heaps of room left in it
-MACD great

Weekly



-Strong move away from red channel on volume
-Stoch up
-MACD up

Very interesting week ahead

Daily



Revised my TA theory and cleaned up the daily, had too much going on and was getting difficult to read and project.

-Through the blue, still contained in purple
-Stoch back up
-MACD crossed back up

Watch for
*Back test of blue tyne at 0.082, with rebound
*or strong morning up to 0.092 with retreat to 0.087 (then possibly 0.082)
*or move through 0.092 and towards/into the 0.10x's

Like all others here I'm hoping for scenario 3. Massive volume day and a great candle gapped up. IMO it will be in the >0.10's within 2 months (possibly within the week), using longer term charts.

Nice way to start the year if I do say so myself.