Technical Analysis of the financial markets using Elliott Wave, Gann, Fibonacci, cycles and momentum indicators. Posted information is for educational purposes only and not a recommendation to buy or sell any stock. This site is dedicated to the study of technical analysis.
Friday 27 August 2010
Thursday 26 August 2010
Wednesday 25 August 2010
Tuesday 24 August 2010
Monday 23 August 2010
The Possible Contracting Triangle
If the price action since May 25 is a contracting triangle then the decline from August 9 must hold above the July 1 low and the subsequent rally fail to exceed that same August 9 high.
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