Thanks Kevin for your interest. Heres the Feb Monthly continuation chart and my comments fwiw. 123115 LEG16 Feb Monthly continuation End oYear clo 136.80 up 6.75 for the Month from 130.05 Dec Bar painted Spike to 116.975 and closed Hi Range - bounce off 100ma - This low has potential to be suppt, If one considers the Dec 2009 low 92.95 to be the beginning of the big Rally to Nov Hi at 171.65 - A 50% Retracement would be 125.175 - this objective was reached in Dec. If Feb holds around 120 on a Retest, and challenges the Hi - I would Not say that We couldn't see another leg higher at some point this is Monthly - so takes Time to paint the picture - Have to see how it unfolds. Will add the chart to the site also - @ http://www.screencast.com/users/chugger Chugger's Chart Site I pulled some other Mkts as of end o year-will post them to site if I find time. These monthlys at end of year are good to download and save for the bigger picture. --
(010116 LEG16 Mar Monthly continuation fats a.png)
Attachments ---------------- 010116 LEG16 Mar Monthly continuation fats a.png (170KB - 110 downloads)
|