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Hi ChaleaThanks for posting the chart showing the rectangles...

  1. Lapdog
    47,023 Posts.
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    30/05/09
    11:46
    Post #: 5222787
    Hi Chalea

    Thanks for posting the chart showing the rectangles [accumulation] - I was about to post a similar one!

    I have been studying the same pattern & noticed there is also a time factor at play - 18 trading days by my count [with from 1 - 3 days between the steps eg. Apr29-May1].

    If that plays out again its end would coincide with the June Solstice [76th trading day // 108th calendar day out], which IMO is looming as a possible significant date [the symmetrical mirror of the Nov21 2008 swing low].

    PDYOR - 4YIO - NFA
    Value at posting: 0.00
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    lightbulb Created with Sketch.  Great analysis
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