Doesn't seem to be any discussion on TA here, so thought I'd throw up a basic chart to see if anyone is interested in TA with TWE. This is the monthly and has imo a couple of negatives - uptrend not confirmed and currently a possible lower finish. Falling volume could be seen as negative, but the positive Sept month, and long tail so far for Oct could be seen a positive even with reducing volume. A break through on low volume perhaps counters that again. I'm hoping for a finish tomorrow to end Oct in the 12.45-12.50 range. The MACD is holding in +ve and a third 'green month with a break higher again would set up for Nov well.
The weekly for this week if you look at a chart then ideally would get to 12.50+ , seeing a break of tbe rising wedge on that time frame and the MACD rising and widening nicely perhaps into +ve. It would stretch the daily, but 12.50 might become support for some consolidation and sets up for a move up to the new year.
OK... So just need all the negative macro stuff to GTFO, and watch the above unfold!! Who is next with a chart???
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