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short term trend set

  1. 3,715 Posts.
    With the low of 3.8 today, there is now a nice new short term trend set.

    This is now moving up more steeply than the trend that began on 31st October, and if it continues for a week should see the price sitting at or above 4.2-4.3.

    Glad I didn't wait for the 31 Oct trend to continue and wait for the price to come down to 3.5 or so - looks like 3.9 is likely to be the low for tomorrow onwards.

    Cheers

    Tim
 
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