Golden Tickle, page-116

updated chart

looks like a classic descending triangle to me staright out of any text book.




chart 2

as previously mentioned the 21 day ma is flattening out suggesting a bottoming of the down trend...

it will be of interest to see if the 21 crosses the 200 ma and we see a change in gradient of the 200 suggesting an up move...

but we will have to be patient to see if it happens.

the sp is at such a nice level that any move of say a few cents will be a good percentage earner so maybe it will be a good one to watch over the next few weeks.

If it breaks downwards then move on.

thanks