Will say this as plainly as possible. I do not listen to charts in pennies....they are inaccurate more than they are accurate. Like pointing out every time they are right, but ignoring when they are always wrong. This with the fact there are 10+ indicators on each side (upper and lower), leaves any chartist the ability to pull what stat is showing what they want to emphasize while ignoring all other indicators. Sentiment and psychology are what drives pennies more than anything. To each his own, but simply NOT a believer!