redback report, week ending 19 october, 2012, page-4

Hi redbacka......Always enjoy Sunday arvo reading your post.

Query on your XSO Daily chart.......Your downtrend line on highs......Some folk comment using wicks vs solid candles when placing trendlines.

I placed a straight edge on your chart....Touching the solid down candles on Late March, Early April and where its touches candle at Late April.....That trendline line continues and touches candle on Friday just gone.....Yourself or anyone think my thought is relevant??

Maybe then we expect strong downward movement on XSO next week??