patience will be rewarded, page-4

Having to make do with God's own beer (VB) this weekend.
If you are interested in charts (gotta do something while waiting for the 'pot o gold')..
On this chart we have 2 areas of consolidation
1. 16c - 19c
2. more recently 16c -17 c
In the recent consolidation we can see an increase in volume (tho small) indicating more interest hopefully developing into momentum.
If you have read any of Joe Ross's info you can see that we have points 1 and 2 of a 1,2,3 low.
Point 1 being the most recent low, point 2 being the first retraction .
IF..our next trade day gives us a higher high, and a higher low we will have point 3 (correction back in our favour)
IF.. the SP breaksthru 17c then point 2 (18c) we MAY have an indication that a trend is forming.
With the small volumes and tick sizes lets say hint rather than indication.
Obviously a positive Ann SOON would help.