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heres a semi log Y axisI read your bum titty bum count earlier...

  1. 25,374 Posts.
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    heres a semi log Y axis
    I read your bum titty bum count earlier today the 11.5 resist is no joke..
    I have placed a 25 exponential MA (yellow broken line) over it and it back tests as a $ viable rule of thumb.
    Your oscillators are showing a residual overbought which is quite boggling considering the % involved today.
    always a very emotionally driven level to chart and difficult for so many reasons..I respect your views and the advantages having an intraday analysis that may have also influenced your view of the daily chart.
    I put up an intraday bigchart the other day which while it was just retracing 11.5 to 11c the DMI had not crossed long in the whole day.. it proved to be correct..
    so I agree with your read and would leave the daytraders to it...
 
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