Question about a chart posted

Discussion in 'Index Futures' started by ChrisMMM, Jan 18, 2007.

  1. A site someone recommended to me was www.dacharts.com. I talk to ZT on a chat who seemed very knowledgable, also someone said he was a long time regular.

    I have a chart posted that I dont' fully understand what the play is.

    AB is clearly forming a sym triangle. From what I understand you should expect a breakout from the origional trend. In this case before it was forming a sym tri it was in an uptrend. So would you play here be to go long right now?
     
  2. forgot to post chart
     
  3. Your "trendlines" are drawn arbitrarily drawn. You're wanting the market to conform to something that really isn't there.