Nice S/T "forks" Toastie(@Toastman) ... You may be interested in my current POG Daily, Weekly and Monthly "Fork" charts. Daily shows a few "tynes' that were near your L/T median pivot line from which the Daily low came from BUT also note where Friday's high came in at(pink AP OT and just below downtrend line from Sept. '11H plus near other minor tynes).
Weekly Forks(plus TL's)... we finished the week right at the intersection of MT's of the two forks shown(yellow and blue). Clearly, if we can see value above these two then the S/T bull is confirmed and may result in POG heading towards ~ $1575 before she runs into more significant resistance.
Monthly "Forks" ... Friday's 'spike' high met resistance at the LIT of the Mod.Schiff Fork(MSF) but the monthly low was also right at our 1st minor tyne resistance/support. This minor tyne has acted as good monthly support since our dominant candle Feb rise. In fact we haven't traded below the upper 1/3 of that candle since(a very strong indicator). Sure, whilst we still have a few days to finish the month it probably looks as if we will get our highest monthly close for the year....another strong signal. Still, having said that, we would have see the red DTL broken and value above the LIT of our MSF ... ~ $1360. The MACD is starting to build up 'steam' and is looking pretty good now.
Daily A.P. Chart ...
Weekly A.P. Chart ...
Monthly "Fork" Chart ...
Nice S/T "forks" Toastie(@Toastman) ... You may be interested in...
-
- There are more pages in this discussion • 6,500 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XSO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2,997.6 |
Change
4.700(0.16%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 2,992.9 | 3,011.9 | 2,992.9 |
| XSO (ASX) Chart |