Someone had a bit of a dig at my analysis of RMS being off the...

Someone had a bit of a dig at my analysis of RMS being off the mark - probably because they read my comments about price 'hopefully' breaking up out of the pattern as 'will' break up out of the pattern. Anyway, I also said it could fall back to the lower boundary of the pattern before having another go at breaking higher - and that seems to be what's happening. The accuracy of charting predictions needs to be confirmed over a few weeks, not just a few days. I still feel RMS is making a pattern that predicts the possibility of a good rise in price - but whether that happens next week or in a few weeks time charting doesn't give much guidance (great on price but not so hot on time). Charting is also dynamic and needs to be continually fine tuned based on new information as price unfolds. With RMS my earlier post suggested a sideways flag pattern but I think a falling flag is now a slightly better fit and a falling flag gives me more confidence in thinking price will rise as price almost always breaks up out of a falling flag - where a horizontal flag has a greater chance of breaking either up or down. If the placement of my earlier flag was correct then price may be falling down out of said flag and my analysis was/is wrong.