Perspectives on perspective

[NasiWarrior]

Here's a hypothetical market.

What's your perspective ?

Long or Short ?

Please vote and use this thread to comment about your perspectives.

(The hypothetical chart is in the following post)

 

[NasiWarrior]

Here's the Chart !

 

[nazzdack]

Quote from NasiWarrior:
----Here's the Chart !

1) 1-1?
2) ?.......Elliott Wavers would be excited about a rally to ~$56.
3) Trend Followers would expect a decline to ~$49.
4) You could expect a lot of buy-stops at ~$53 from "old shorts" and "new longs". :eek:
5) "Big Money" would want to buy it at ~$50 and rally it to ~$63 for a complete retracement of the entire downtrend.