Cobra, your daily chart 0.0.3 shows SPX is not back to the wedge line yet but Coolmax's chart shows it is already after today's close. Same chart, different way of drawing the line with different conclusion, which one is right since re-test of breakdown point and back up to the wedge has big difference.
Would you clarify and elaborate a little bit? thanks.
thanks CM. So you think it's back to the wedge, right? Back to the wedge is bullish and a retest of the breakdown point could be bullish or bearish depends on follow up moves.
thanks CM. So you think it's back to the wedge, right? Back to the wedge is bullish and a retest of the breakdown point could be bullish or bearish depends on follow up moves.
jackyking 发表于 2009-10-7 01:24 AM
I think close above BB mid-line is more important than trendline.