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Theodore, Saskatchewan | Was not sure if I should post this but was drawing on the silver chart and it reminds me so much of charts jpartner and I have discussed for the last few weeks..... this has ranged from cattle to soybeans, corn, wheat and canola.......... the chart formation on the other charts usually resulted in a downturn.....as he says it usually needs to inflict pain to participants before moving
so here are the charts, notice how the pivot points fall on the median lines and we get reversals until now, it failed to make a new high, failed to reach the median line and we are bunched up under the bottom line....... I am interested to see where this is headed
frytown you know your stuff so no disrespect just wanted to discuss and learn..... if we can break 36 there is a lot of energy and new highs could be in the works but I do not know what games are being played first, perhaps your charts will show it better
Edited by maydel 11/13/2012 23:18
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Tea Cup and Handle Chart Formation?
