Δευτέρα 8 Αυγούστου 2011

doesn't that look like a flat?

well, it does look at me.. and it's probably part of the larger correction that started in May... therefore if I am right any drop in the blue area near 13970 area is a strong buy signal for a move up above the highs of 14535... So, so far, since May we had a complex zig - zag and we are now in the middle of what appears to be a flat correction... therefore IF this senario is right we should be expecting at least one more corrective pattern to unfold before the final thrust to new highs... If I am proved wrong, I will have to reassess...

Take care





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