Geospud I can already tell you that you are using line charts :P
But here goes:
12May BLY close 33c last day pre consolidation (10 to 1)
12May XAO close 4599.7
13May BLY high 3.48 low 3.35
13May XAO high 4679.5 [low 4613.8]
21May BLY high 2.75 low 2.43
21May XAO high 4326.6 low 4194.4
Next minor leg down low occured on the 7-8Jun:
BLY high 2.68 low 2.56
XAO [high 4438.5] low 4326.3
Peaks between two low points:
28May BLY high 2.85
28May XAO high 4479.7
5Jun BLY high 2.93
4Jun XAO high 4507.8
Preliminary conclusion: BLY post consolidation mimicked movements in the XAO. Would you like a regression analysis?
consolidation issues, page-11
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