Little side step from our main topic.
Check this chart. I removed all Axis, symbols and reference to time frame.
Tomorrow I will tell you what chart you're looking at.
What does your work say; up, down, sideways. Time to catch the bottom or time to hit it heavy with short?
Well one interpretation would be forming the handle of the cup. Would depend on the volume. If it's dropping on low volume would support a bullish case but otherwise maybe not.
Posted by: Chuck | August 14, 2008 at 04:28 PM