The green dotted line is the support pretty much from 2009 and the purple one the HS neckline. Since late October looks like a descending triangle, looks quite unwell. 11,000 level is critical and seems to be calling again as it didn't reach critical mass and break out of the channel. The thinner less steep channel provides an alternative view of going to a lower trading range rather then the steep channel, may be a better fit?
It's a measure of how jittery the markets are despite all the analysts still saying btfd up to a couple of weeks ago that this is the 'best' facility kefi could negotiate. Mind you even at peak bull market the funding deals were still shit so plus ca change
lol, It's a big fat pain, was convinced the flat trend was going then pop, hit top of flat channel though bang on. Makes one jittery to say the least. Not even very low volume, just average.
Few and confused. Got to be a return to something slightly more sensible trend wise, purples but I'm very unsure when. 25,350 and dapple are the keys for me.