Hey Papi.I dont understand these people on the forum.They use moving averages,macd's,stockastics,candle,s,but still have no ide where markets are moving in the short and medium term.Note nobody can predict the long term as long term fundamentals are not known. The fact is that markets move in certain paterns(technically)and is only moved out of this paterns by fundamentals into again another technical patern. These paterns are mostly determined by the american markets and other markets follow them.Paterns deviate from theres only because of the time deference. At the moment the dow is trading in a ending diagonal in the fourth wave up.A share as anglos should move up or down with our top40 index.(Again if fundamentals allows)and the top40 with the dow. So if u want to know where Anglos is going draw a 4hr graph of the dow and see if u can spot the diagonal.If u are intrested we can then again dicuss anglos possible moves in coming days weeks. if u think this is a lot of noncence let me know.
