CL Redux

Quote from schizo:

While I might not have understood your point in its entirety, I believe one way to minimize any needless frustration is to post charts with some lines or annotations. In this regard, Nod (aka "CL Godde$$") does a superb job. :D

Funny, Schiz :D

I didn't understand either. I thought Blotto was referring to us day traders buying the with-trend consolidation on the 5-min chart, not a 1-month view :eek:

As for the swing view back then, that didn't look weak to me either. Double bottom support after making an all new high and on its way back up to test that high (which it did a week later). That failed breakout early in the month was a solid reversal signal.
 
Quote from ammo:

bear flag sh 98.70 ... 97.80 target.... 97.85 bid add 99.12..offer 99.38...edit add 99.52...avg 99.18 that flag did'nt work out too well
98. 90 bid for close
 
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