Here's a follow up chart from my post 6/9/09 link below
http://www.hotcopper.com.au/post_threadview.asp?fid=1&tid=978540&msgno=4448719#4448719
It's pretty much done what I thought it would do..Question is is it using Black or White on the EW we can rule out Green imo..
So 2 possibles imo:
If its White needs to find 4 or rest it (Note 4 cannot retrace be more than 50% of 3 value 62c) before making a upward 5 EW Or it could bounce off the White Andrews..
If its Black again it could retest C (refer to the first chart)or I haven't got the ABC right on the first chart and they are more like the 2nd chart??
ATM it looks like it wants t retest the Quadrant Line note the MA'S & INDS..
On The Weekly it looks like Whites the Go note low Vols..
Cheers Pete
Daily Then
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Daily Now
Weekly Now
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