lowtrade

[lowtrade]

CLDX is about as perfect a ascending triangle, with 5,10,20 cycle I've seen for a while. Been following it since I called the April cup & handle that didn't come. Double top failed. Then the channel didn't come and the ascending triangle came alive.

I was watching the Xis.

I am presently trying to make my mind up, after have it on weekly watch for 3 possible plays, if the S&P will take it past top resistance this time or cycle 1 more time, within the ascending triangle.

At any rate I closed a planed trade to resistance yesterday, on the bottom bounce and 1st resistance break. It may break top resistance if the S&P keeps climbing as I expect. I'll be taking profits there and re-entering on continuation.

Also find comfort it it going parabolic with over 5 days green or red in a row. OTC Herd mentality present.

new chart look

old chart look

Possibility chart look


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