Technically Strong Charts

Here are two monthly charts, that you can not call bearish. In fact these charts may erupt very soon.

In fact with a Wyckoff eye you would have to call them technically strong. Nice pull backs that have refused to break down. Accumulation building, shorts have a built up a position that can forced to cover, selling looks nearly done. Fertile ground for new bulls to appear.

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

.."If we wish to avert failure in speculation we must deal with causes. Everything in existence is based on exact proportion and perfect relationship. There is no chance in nature, because mathematical principles of the highest order lie at the foundation of all things. Faraday said: `There is nothing in the Universe but mathematical points of force."...

William D Gann

.."If past history was all there was to the game, the richest people would be librarians"..

Warren Buffett

..“If it’s obvious, it’s obviously wrong.”..

Joe Granville

..“Because of the extreme challenge, one must commit full attention to it.” Market speculation is “no different than trying to be a successful doctor or lawyer … you simply must devote yourself full-time to the study of your craft”...

Bernard Baruch

.."It's easier to fool people, than to convince them they have been fooled"..

Mark Twain