AI
Tuesday, June 28, 2005 7:43:15 PM
I have updated the falling wedge, I like the fact that all the ema's are coming together as they did before our last run. Notice the way GTE is being squeezed between the 200ema, the resistance line I drew in, and the middle of the bb line.
Ragnar: I found it interesting how you like to draw your resistance lines based on the closes of the candles so I attempted to draw in the line your were talking about. I am not sure if I drew it in correctly but it is interesting to look at the wedge that way and see how the sp has been hugging the line.
Ragnar: I found it interesting how you like to draw your resistance lines based on the closes of the candles so I attempted to draw in the line your were talking about. I am not sure if I drew it in correctly but it is interesting to look at the wedge that way and see how the sp has been hugging the line.
I am not a professional and my comments are all my own opinion. If you have any constructive criticism do not hesitate to offer it; this is how I can learn and improve my analysis.
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