redbacka's - blue funk thursday, page-60

Hi Andrew,

It's not from August, 2011.

It's from October, 2011 and March 2012 lows.

See yesterday's report chart.

Drawing trend lines, as with most TA, is as much art as science. It's about making a story, or, to use the new buzz word in politics, a narrative. :)

I always take the view that you marshall as much evidence as possible to come to a conclusion. Depending on just one technical device just doesn't cut it for me.

Redbacka