Putting pettiness aside cos the chart is actually interesting today.
My close but no cigar
http://www.hotcopper.com.au/post_threadview.asp?fid=1&tid=1400983&msgno=6419333#6419333
D 11Mar
+41MA touch
+Into oversold
+Wave c down possibly near completion (I'm thinking 0.115)
-0.125 broken
-Possible Bearish Three Outside Down pattern
-Red volume up
-MACD still poor
-Market uncertainty
If I had to wager a guess, I would say a test and rejection of 0.115, quite a significant level on my chart. Not sure how many sell orders will be placed over the weekend after the 0.12 close. Still, glad I didn't reinvest everything, quite a dangerous time to be in the market. Is any news expected around 18-21March?
eliot waves., page-78
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