monday trading, page-7

One of the reasons I'm favouring the bullish side (just) at the moment. We have broken out of two down trend (in an unspectacular way) and if the price bottoms on the lower line as the stoch does then I that might be a bullish place to buy. If it breaks the line a test of lows seems pretty likely but might still be bullish. Pring has in his literature a pattern that looks like a head and shoulders but the shoulders are bigger than the head. If a test of lows occurs and they hold then prings pattern suggest up.

I'm with Robbb on his theory of Nov was "the low" until proven otherwise.