RE: RE: RE: Different selling patternI beg to differ...as mentioned previously all " prior tops/highs " had been spikes and not confirmed the following month.
Looking at the monthly 10 year chart i provided coupled with the price data i posted last night.
Prior " highs - ".60/.75 " were either intraday spikes or died shortly thereafter. Plus look at their volume vs now.
This is the only month where we have closed " above " the previous months " gap high " EVER....now feb isn't over yet. :)
My point is....yes, uncharted...and no resistance except for day traders and/or lifers taking profits.
As an investor you love to see a " dead chart " like ours come to life with VOLUME!
A bit of semantics...and " uncharted " was used somewhat " tonque and cheek "...but the other tops are pretty much meaningless.
GLTA
p