targets, looks sick, page-12

re: rio pattern Everybody seems keen to only see what they think they should be seeing.

Whats wrong with the simple rounding top?
It began in July 03, peaked on 6 Jan 04 and should come to an end in June 04.

Only a break and consolidation above $34.50 between now and June will bring this rounding top to a premature end.

I expect to see a June low of around $30.85 before the start of new rally into July.

I have no doubt that many readers will ignore this post.
I dont mind.

But if you are interested in learning how to read charts properly and in particular, reading rounding tops, check out books by Meani, Guppy, McGee etc