I'm seeing lots of comments on a double bottom and that we are about to embark on a massive bull run. Think you guys need to zoom out a little.
We created a double top on 5th March which kicked us south. We are rejecting off the Ichi and off the down sloping trend line (yes I know mines in a different place to some other peoples - yet it seem to be consistently rejecting on that line).
Until we breach that, i'd say the double bottom is meaningless. Look at the volume. Its still unimpressive. I will only change my mind if we breach 9400.
Good luck
We created a double top on 5th March which kicked us south. We are rejecting off the Ichi and off the down sloping trend line (yes I know mines in a different place to some other peoples - yet it seem to be consistently rejecting on that line).
Until we breach that, i'd say the double bottom is meaningless. Look at the volume. Its still unimpressive. I will only change my mind if we breach 9400.
Good luck
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OK thats more like it ;)