CTD - Chart, page-11

Nice charting Miz,

Spring!? We only in Autumn The FA here is very iffy to say the least imo

I'm expecting a re-test of the high volume low and doubt the current double bottom will hold but accept its possible to see some ST resistance here. It's the rate of change of SP and daily volume which makes me lean this way and if we magnify the chart to a 10day 5min it helps to highlight the rates of change. Notice last 3 days daily volume increase and SP gradient.


Now we can move to the longer term TA which i started this thread with. 200sma playing step 1 of this part which is imo determining on going market sentiment, tests of the 200 have failed with the latest attempted break met with faster selling and increased selling volume, even with no FA knowledge this is sad news for longs but good news for shorters and myself. Theres been plenty news this week, good news catalysts for shorts, not much good news for longs though. Personally i'm not looking for good news...... just the Truth to surface. .
Heres the updated chart linked to my first chart post here.



Best wishes
Fish

They not fundamentalists the longs round here, they are more like Morgans Morons, the fundamentalists are on the other side of the ledger or trade.