Thought I would update the charts again and have left the early warning sell (grey) and confirmation sell (green)charts in the slide presentation. (blue) shows signs of life for at least a bounce, but be careful and respect the stops etc, knowing that we are below pinky on most ??
Also check out pinky (41ema)on the CBA and BHP charts last weeks for perfect shorts for those that indulge there :)))
Note the importance of the Black line in finding the where to for support at this stage. Yeah sure some dont believe in line drawers but pretty damm accurate stuff contained within.
So many thoughts and arguments for and against in the market place, yet a bit of simple stuff does it for me.
