mentioned as a t/o target, page-7

Albeast...i am using the the previous two lows as the anchor point the lower pennant line.

Again the DOW did no service for us overnight, but imo a strong base is forming on the US markets, maybe one more shakeout. Fortunately our market did follow the US futures which were up 70 at one stage during trade on Friday. Also it was sus when our market closed lower in the auction period.

As for AGO $3.40 seems to be good support, we still have evident higher lows.

Commodity Channel Index showing -112; under -100 reflects weak price action which can signal the start of an uptrend, as highlighted in green.

My concern we are at the tip on the apex and if DOW continues fall then lower prices may come into play, i have a lower trend line from May 2010 low which offers support at 2.95.