Wednesday, April 2, 2008

Correlate normal price chart in the earlier post below, with this one...





The 0.00000 point on the lower left is the bottom on March 17th at 1668.57, as shown in the earlier post.
The rest should be intuitively obvious.
Here you see the price action plotted up until about noon Central Standard Time..This exponential chart show a trendline failure and an exponential trendline crossover (dark brown and yellow trendlines), which often (not always) portends trend change. However with a wedge in progress, this could have higher significance than normal...

2 comments:

lagscrew said...

Mark

Im shorting this here to as everything I have says we are there. Shorting more on any pop

Good Luck

LAG

mlytle said...

Hi Lag,
I agree, I'm seeing the same thing also..

Regards,
Mark