chrisford's - bullish wedge - tuesday

MORNING TRENCHDIGGERS

As I mentioned before, this market has been going down since I first started these thread crankers. Before even than the 'Zoomba Lounge'.

My first was 'Feel the love Friday' I think. How long ago was that? Ages I tell ya!!

Down, down and more down. I'm so sick of red.

ARRRRRGGGGGHHHHH.

It's August already for god's sake. Time for up and at 'em, Atom Ant!!

I'll go with Chrisford - he's getting pretty clever with his charts and is never in a bad mood.

'Last month's finish on the low for the month after 3 prior red months looks like as a capitualtion of the sellers on a monthly timeframe. Then look at the daily and the false break Red mentioned, the three thrusts down into the low (assuming that's what it is), where we are support wise, the bullish wedge formation (which we should break of by mid next week at the latest or something is wrong), just too many pointers for me to not see last Friday as a low of significance.' CHRISFORD Aug 1st