re: looking awfully bullish , chart? thanks christian cheersNo...

  1. madmacs
    25,374 Posts.
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    18/04/04
    21:19
    Post #: 442485
    re: looking awfully bullish , chart? thanks christian cheers

    No question in your observations Jukes please reread the heading? ...asking for your TA input...
    I am just looking at the oversold short term gap trade opportunity and have noted the Red lower Andrews Trendline needs to hold after a possible 495 retrace,

    longer term view...the head and shoulders as people put them are often Elliot waves this appears to be in its final second major wave declining and may well retest the 50% fib..
    cheers
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