christophercolumbus

christophercolumbus Updated 

Back in March, when the price was about to break the year trend, I fell back to the multi-year trendline as a guide to my charting. The idea being that the 'reverse parabola' was supported by this line, and so too the price. Both the parabola and the trendline have proved very useful over the course of the year in predicting the course and nature of the...

christophercolumbus

...

christophercolumbus

credit for the LMACD to chemmist

christophercolumbus

Give it a few years, and the volatility should settle down.

christophercolumbus

has held up quite good.

christophercolumbus

.…..

christophercolumbus

...

christophercolumbus

Possibly the safest time to buy is when the 200 MDA is turning up again. Also, a good chance that price will come back through the 200 MDA. Good time to buy.

christophercolumbus

....

christophercolumbus

...A complete capitulation this month, or a slow grind down over the next few months?

christophercolumbus

out of sight, out of mind....for the year.

christophercolumbus

... as perceived supports break.

christophercolumbus

Accelerated selling may pick up when the price punctures the dotted lines

christophercolumbus Updated 

First corrective move down to the 0.618 level. Second move down into the final blue band. Third move down chews up all the blue band .

christophercolumbus

... another red monthly candle should do it.

christophercolumbus

.... signaling another downturn early next week

christophercolumbus

A fall of 75% and comparable to the 2014 correction. Price action from the peak has been looking to fill the volume of the correcting triangle:

christophercolumbus

.……...