Approaching Minor Resistance
September 28
Timeframe: Month
Trend: Down since September 1998
Retracement: Yes since February 2012
Notes: Downtrend with good retracement pattern, price point hitting a Minor Resistance zone, keep an eye on Day and Week charts for indications of snapping back to the downtrend.
Timeframe: Month
Trend: Down since September 1998
Retracement: Yes since February 2012
Notes: Downtrend with good retracement pattern, price point hitting a Minor Resistance zone, keep an eye on Day and Week charts for indications of snapping back to the downtrend.
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