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Registered User Joined: 3/7/2006 Posts: 244
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On a daily, does anyone else see a triple top? I know it's not textbook perfect, that's why I ask for other opinions.
On a weekly it looks possibly bullish.
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Registered User Joined: 3/7/2006 Posts: 244
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Of course, that could also be a continuation pennant as I look at it again.
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Registered User Joined: 4/18/2005 Posts: 4,090
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I see the 2ndary.
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Registered User Joined: 9/25/2007 Posts: 1,506
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On a daily line chart .... there is a short term trendline formed by ... 12/10, 12/18, 12/20, 1/07, and today ...
It may be a bit early to call ...
But ... that which pulls oil down ... will likely pull stocks down ...
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Registered User Joined: 9/25/2007 Posts: 1,506
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Note how XOIL gapped down through that supporting trendline today ...
Much the same way as the COMPQX did on 1/4 ...
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