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Strategies & Market Trends : Strictly: Drilling II

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To: nspolar who wrote (34149)12/4/2003 8:01:27 PM
From: Andrew  Read Replies (3) of 36161
 
stockcharts.com[w,a]dacayyay[dd][pd20,2!b200][vc60][iLa12,26,9!Lh14,3]&pref=G

Looks like a rising wedge that started from lows in October.

That last wedge that started in July terminated with that sharp drop in early October.

I have been using falling and rising wedges more and more in my charting and trading from intraday to weekly and it seems like a very high percentage of wedges break like they are supposed to.

stockcharts.com[w,a]dacayyay[dd][pd20,2!b200][vc60][iLa12,26,9!Lh14,3]&pref=G

Rising wedge breaking on HUI? If trendline breaks where do you see support?

stockcharts.com[w,a]dacayyay[dd][pd20,2!b200][vc60][iLa12,26,9!Lh14,3]&pref=G

Same pattern on XAU

I may have nailed the ST top to the day.
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