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Replies to #1433 on Charts SYSTEMS
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snootmagruder

12/10/13 5:56 AM

#1442 RE: gdl #1433

gdl, TNX,Some support for your TNX call higher. 3 charts:I posted the daily recently showing price just hitting that top TL, now peeking through, take note of the up fork with the top tine in the 35ish range. The second is a weekly with two sets of parallels, the pink recent time has gone into a lower trend it seems. Both the top charts are semi log, my typical setting. Now look at the lower monthly chart on a linear setting. The recent angle is harder to distinguish and it's a lot easier to envision hitting 35ish TL. Also note along the way the peaks have some variation and the lines could be adjusted a bit different which could make calling a top difficult.