@Archer9
well A respected Heart freehold has previously declared that he has co joined FA and his Chart to the conclusion he is Accumulating at this level and got 30+ thumbs from the rah 'mob'.
Seeing as I am being branded as of the Boo Hiss Brigade I didn't want to point that out about the closing now of days on support rather than intra day bouncing off is 'negative'.
One just needs to check back on a few months ago when the SP had 28/30 support proclaimed as rock solid bottom.
Neither did I want to mention that the Classic TA indication of a MAYBE Trend Reversal is a Capitulation Day,
much too much Bogey Man for the mums and dads:
a Capitulation Day in TA/ Chart Revelations is like The Rapture day of born agains. Terrifying to the UnBelievers.
Anyhow News on Monday morning MAY bounce back to 19 and MAY even take SP 20+ and Could even mean that no retrace to 16 ever happens again to quadruple bottom at 16 thus allaying any Capitulation day fears.
.
TA to June 30 2015, page-9
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