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THE CHART ROOM


johnyholiday

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Oil looks to be in a horizontal movement with possible cycling tradable buy ,Dr Cooper (revised from above) has snapped back to form a rectangle and broke out and cooper seems to want to go along,on the belief of economic stimulus,belief is moot,the cycling and trending of supply and demand is fact,price pays does 34 to 45 a barrel make sense ~$~ all disclaimers apply ~$~

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Oil looks to be in a horizontal movement with possible cycling tradable buy ,Dr Cooper (revised from above) has snapped back to form a rectangle and broke out and cooper seems to want to go along,on the belief of economic stimulus,belief is moot,the cycling and trending of supply and demand is fact,price pays does 34 to 45 a barrel make sense ~$~ all disclaimers apply ~$~

Meanwhile the World Stock Markets,( Zurich index proxy repesenting banking ), have no long term buy signal pivots on Price, but do on RSI,(need both Price & RSI ) ,a generation of investors has been lost (happened1930's & 1970's ),and there is no belief of economic stimulus doing anything for stocks,belief is moot,the cycling and trending ,of demand and supply is fact,price pays ~$~ all disclaimers apply ~$~

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I've never seen a stock chart look like this... is it an artifact of the price so low - some kind of minimum bid increment ?

Appears very "unnatural" looking...

edit: OK, closer inspection shows the changes are 1 cent, still looks weird...

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