Interesting chart patterns

This is an interesting chart (click on the chart to enlarge it). You should notice two patterns.

1. The rising channel. It is crucial that the transportation keeps within the channel.

2. Above average volume, more often than not, indicates a near term bottom.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest

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