Dentalfloss
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so into next week
because the downmove has been pretty explosive.we can track the trend with a log scale chart
weekly log scale;the trendline picks up trend res at 1370 area
so..we can see horizontal res at 1400 area
trend res at 1370 area
horizontal res at 1336
prev supp which could be res at 1321 area
supports...all horizontal at
1272 and 1220 area
all these areas could be hit depending on the news
note well...on a log scale chart the res and supp are not as accurate as an arithmetical scale chart
it just shows up the trend more clearly when there has been an exponentail move
because the downmove has been pretty explosive.we can track the trend with a log scale chart
weekly log scale;the trendline picks up trend res at 1370 area
so..we can see horizontal res at 1400 area
trend res at 1370 area
horizontal res at 1336
prev supp which could be res at 1321 area
supports...all horizontal at
1272 and 1220 area
all these areas could be hit depending on the news
note well...on a log scale chart the res and supp are not as accurate as an arithmetical scale chart
it just shows up the trend more clearly when there has been an exponentail move