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suriNotes

International Indexes...

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Here are few International indexes charts with interesting chart patterns...

Most of these charts are small size (time-wise) but may be suggesting

"market top" patterns. Note underlying trend is still bullish.

 

Regards,

Suri

 

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NIKKEI_Dec1909.gif.f11067ffa7066b90cc91346ff41d2daa.gif

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My knowledge of TA's chart patterns is heavily weighted towards Robert Edwards' and John Magee's interpretation, which requires volume be factored into the analysis of price movements.

 

Without turnover acting as a confirmation, it's my understanding that any "patterns" you might see are just pretty pictures.

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