THT – gizzard-squeezing

Following on from my post on THT of yesterday, markets were able to largely brush off concerns over Cyprus.

Looking back at the charts, I see that the pattern I noted earlier was actually a pennant – a continuation indicator. I goofed when I said THT was too far above the trendline.

Next time I’ll try harder.

72p

Advertisements

About mcturra2000

Computer programmer living in Scotland.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s