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next support ?, page-61

  1. 6,900 Posts.
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    'Your chart unfortunately isnt a crystal ball that can take into account the news on the European downgrades.We will just have to wait and see what eventuates. Always seems to be something that comes up to possibly slow momentum. If we dont get hit by shortsellers and the sp holds reasonably well that could be a good sign.'


    Well good T/A (charting) will show announcements impacts thru the price movements of stocks and markets, so therefor you shouldnt need a crystal ball. (oh and generally before the event)

    F/A will never offer you timing, so the chart is a more than useful tool for those that understand them...

    Cheers

 
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