some more trendlines that paint a different picture....but I am not basing my analysis on trend lines even though I rely upon them greatly. the lines I have drawn SEE CHART show short term strength so that line you drawn may well break ….since it is such along term trend line it may just break it and then come down....I think this could happen
thanks for posting charts...so few do that....thanks for your views I see you are trading Elliot wave...I traded it for 5 years from 2004 in indian stocks..
padutrader, Did Al Brooks mention the markert was manipulated? I think us retail traders have limited resources and should trade what we see. I think us retail traders should practice in real time what we belive will make money. Constantly manage the trade. Use our experience to control our risk and rewards. I think we should always say to ourselves, what if I try this and take 50 trades at trying this. I belive we should find a way of trading we comfortable at.
Im just trying to read charts based on impulses. Ive never read a book from cover to cover about EW or TA and im not going to ha.