Charts: looking forward, page-6

Tomorrow will be the end of the fist week of the descending triangle (& H&S) losing support from 31 cents. (it was a sell on 40.5 & again on 30.5 for the traders methinks)

Btw, the gap is only visible on the daily chart.
Again, the sp may not get there. But it's there on the chart nevertheless..

Might be some strength in the morning, but not sure if it will be sustainable. Hopefully it ends up beyond that 31 cent threshold though. Otherwise the longs may require some patience till the sp takes its' natural course.

Hopefully some positive news can shake it in place if there are any due soon.

All the best for tomorrow.

Weekly



Daily


Take things as they are. Punch when you have to punch, kick when you have to kick. ~ Bruce Lee