Friday, September 20, 2013

EDC

Another possible touching of trendline in a megaphone pattern. Again it's a non reversed pattern. I'm not sure about these. They seem just a little far fetched. Touching the trendline seems to occur a little too often recently but maybe it is just a sign of where we are in the market overall. And I don't think the supprt trendline is symmetrical enough. there is room for it to move up towards 35. I might make a bet if it goes a little further.


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