Hot Copper Charting and Chat, page-249

Overseas at the moment so can’t post a chart.
There’s also a double-top off the high in the S&P500 coincidentally.

I feel it’s going to take a while to resolve the direction (trend) the markets are going to take and when you add in the volatility producing these wild swings it’s a recipe for difficult if not treacherous trading conditions. We just need to follow the swings that will be produced say in the next few months, for guidance.
The h00t’s chart does show important support around 5,640 - just maybe we can stay above and consolidate

I can’t see a safe area to play in right at this moment so I know the best thing for me to do is to stay out, but sometimes you just can’t help yourself

As a side note, in many of the forums I frequent you will find numerous ‘reasons’ if not conspiracy theories given for why share price performance of their favoured stock is going south when the ‘fundamental’ value is so much higher. This is one of the reasons I love charting - the chart reflects the prevailing sentiment and the range of human emotions which play a major role in the market’s movements. We just have to follow the bread (or shall I say ‘bar’ ) crumbs.