charts for the scallywags, page-39

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    NDL Weekly
    Always hard to read charts from a "penny dreadfull"as the volume and spread of bars are so erratic.Have used the weekly to try and find support & resistance.
    Has broken long term downtrend line from 2007.
    Has overhead resistance from last sell off in early 2011,marked in purple.
    Possible accumulation in mid 2011 then tested last two bars before Feb 2013 breaks out on massive volume now stuck within this range of bar will need testing before moving up and out of this range with this weeks bar looks good but needing confirmation.
    Impressive chart on CLO ewob thats what you hope for a trade on the bullish side,did you add to your holdings on way up?
    Bonehead I also find listing to David Weiss and Dr Gary Dayton painfull there accents tend to grind me down,have you signed up for free nightly reports which are very accurate on www.weissonwyckoff.com?
    Jako as always worth going over all your charts thanks again.

 
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