Hi Redbacka.Love your charting work, thanks for sharing. I often...

Hi Redbacka.
Love your charting work, thanks for sharing. I often visit the xjo thread as there are some terrific posters on here, simply amazing.

With the apple chart you commented

"Yesterday, I mentioned that Apple appeared to have formed a bearish flag – at the confluence of some important chart points. Last night it broke down from that position. It still hasn’t broken the low of 2 October. So optimistic bulls have some hope. But not much.


When I saw your chart of apple, the first thing I noticed was a classic head and shoulders pattern, complete with a downsloping neckline. It looks very bearish indeed.

Thanks again for bringing the chart to our attention.

Cheers

Commy