Gday @ARMCH .... Just looking at the candles of the chart ...all looks pretty normal action over 'time'. And personally it does not worry me.
I have a question for ya.....
I've been in the market long enough to be through a few US bigger corrections now.
I'm thinking this is the first I've been in that has not had an outside influence.... that is...the likes of Iraq, Greece debacle, GFC, Brexit, Afaganistan, North Korea, etc, etc....
Anyway, to me looking at the US charts, there had to be a short term change in direction to basically cool the rise.... you know, to good for too long type stuff. And that this drop is just normal trading patterns expected... even without outside reasoning. lol....well, excepting the herd sh***ing themselves lol.
If I'm on the right track of thinking, is there a usual time frame.... or do the charts give hints to time or only try to figure support/resistance lines?
Im typing this on the phone so hope it makes sense....lol.
Anyway....Im enjoying watching the overall action of this....dont know why, just fascinated lol.
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