Friday, June 11, 2010

Charts in review...

In summary, I'm glad I held onto some shorts into Monday..gonna ride this out a bit.  Weekend chart porn:




















Er no, wait, that's "We all see what we want to see" over at dump.com. ;)  On to the charts:



Notice how the highlighted section is not the only similarity in these waveforms, but the entire inverted head and shoulders pattern that precedes it as well.














A little more perspective:














Bigger picture:


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2 comments:

  1. JMJune 12, 2010 at 10:17 AM

    have I mentioned how much I like the cut of your jib, rati? ;-)

    here's another excellent blog, in case you don't go there already. steve does fine work and has some interesting ratio charts and such that I don't see other places...http://oahutrading.blogspot.com/

    plus he's located in hawaii, which makes me wonder, why the hell I'm not in hawaiir....

    dark

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  2. Rational NationalJune 12, 2010 at 12:16 PM

    Thanks Dark! Feeling is mutual buddy ;)

    Thanks for the link, have not visited it before, very interesting. I really like his "bouncing ball" and the fib from 1932 found here: http://2.bp.blogspot.com/_Gi-9fDeQJwo/TA78b_gycMI/AAAAAAAACng/yjawhPt2ueg/s1600/bouncing+ball+indicator.png

    Have a good weekend!

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