Charts, page-4348

I forecast very short term. My buy rating is pitched longer term than my chart. My view is that over the next few months 600+ is likely, but in the immediate term a further retrace is expected. Depending on one's investment horizon, a buy at any point below 600 is a positive return. For a short term trader the immediate result of buying now would, on the balance of probabilities be a loss, but in the intermediate term it would probably be a profit. I set my sentiment based on the intermediate, say 3 month outlook. My charts are always focussed minutes to a few weeks out.

I only trade stocks I think have a better than even chance of rising, so anywhere I post charts (except when requested by a forum member) tend to be buy ratings, just not necessarily in the next 5 minutes.