Let's take a look at Teck Resources ( TCK/b - TSX).
Jan 12, 2011 marked the end of an uptrend when price peaked at $64.62 and closed at $64.24.
From there, price declined into Oct 3, 2011 and a low of $27.39 with a close that day of...
Posted By: "Meridian" on Mar 07, 2012 12:00AM
Between July 26/11 and October 4/11 the Canadian Dollar fell just over 12 points (105.91 down to 93.76 on a close to close basis). This decline took 49 trading days.
49 trading days = 315 degrees.
Question - what sort of a trading range...
Posted By: "Meridian" on Mar 04, 2012 12:20AM
Crude Oil seems intent on pushing higher. This is bringing out a steady stream of analysts all with a different opinion. I tend to largely ignore all this chatter and I like to focus on sacred math instead.
As a starting point for some math I...
Posted By: "Meridian" on Mar 04, 2012 12:00AM
Is it Time to Worry ??
The eurozone debt situation continues to simmer and bubble while the talking heads ( yes Cramer, that's you...) on CNBC rant about Dow 13,000. That in itself makes me think I should be furrowing my brow...
News today out...
Posted By: "Meridian" on Feb 23, 2012 12:02AM
Lastly, Apache Corp trades as APA on the NYSE.
Using the Mar 2009 lows of 51.03 as a start we see fairly good Gann math alignment.
Oct 2011 lows at 73.04 are in good agreement with Gann 2520 ( 73.00).
Weekly chart is getting...
Posted By: "Meridian" on Feb 08, 2012 12:59AM