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Patrick g_stockman it is me again please come in
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Can you please read this chart for me and tell me your expectation for the near future
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Hey :D
How did it work out last time :?:
I will leave this one to g, he is our expert chart reader :)
Patrick :mrgreen:
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Quote:our expert chart reader
OMG!!! :shock: :shock: :shock:
Thanks for the confidence, but I struggle with my own charts sometimes! Anyway, I'll assume you're looking for future predictions again instead of past performance. In that case, I can't really help since I don't use the MACD or the Money Flow Index. Honestly, my thoughts would be useless. I'll defer this to someone else and wait for the next one.
Thanks anyway. :D
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It looks like it is going to test Resistance at around 13400,
There was Divergence in the MACD in June
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Patrick wrote:Hey :D
How did it work out last time :?:
Patrick :mrgreen:
hello man,
the market went like what you said
Patrick wrote:
Tomorrow could be up and the next 3 days down :wink:
The point is that short term, it looks like this is going down to the longer 3 months trendline ...
It is also possible that g and I are completely wrong :D
Patrick :mrgreen:
Unfortunately, I did not use this up and down b/c I took a 3 weeks vacation I try not to look at the market and decide to be long term investors at least for now until the market settle down
Until now I lost 9%
Today the index went down aging to (12,538)
Do you think it is going back to 11900 or worse?
Peace :smt030
Cheers
:boire:
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Rank: Advanced Member
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I personnaly would want to see more history before making an opinion.
Though as Henry said it will test the support line and most likely bounce off of it ...
Patrick :mrgreen:
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thank you for your respond
I attached ascii file for the last three years of the index
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Rank: Member
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Posts: 12
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Rank: Member
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Joined: 5/1/2005(UTC)
Posts: 12
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2 years chart
[color=red:f780756af4](15%)[/color] until now
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