| KB, granted I take a longer perspective than most people, I see different on the COF chart you so nicely posted. I see it trying to support on the 50 DMA, right where it is, WM showing a bottome, and, except for the mid january high being lower than the early january high, we have a continuing pattern of higher highs and higher lows. granted, no clearing that mid-january high might be the kiss of death, but i am not yet convinced of the end of the uptrend. i added stochastics to your chart, which seem to support my position. stockcharts.com[h,a]daclyyay[pd20,2!b50!f][vc60][iut!Lk14!Lp14,3,3] good luck. larry |
