Demand outstripping supply on this small pull back. Y'day lo supply signal. Excess demand signals in background with a #3 on 2014.12.01. If this changes, I'll update. Channel defined. Target dates align early Jan 2015. Seasonality supports.
looks like a inv h+s setting up after a very long h+s from 2013 to mid 2014. by your chart mid 16's is resistance. pull back or drop thru $13? btw... I like the look of your chart. no indicators on the bottom is original. I looked at the box on the lower left. interesting concept. thanks.
kilo1romeo
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Hi, appreciate the comment. FYI the #3 excess demand signal turned off this morning. I am out with a very slight loss. It's best to keep risk to a minimum. I did more analysis late last night. Even with seasonal tendencies, Ford could get caught up in a down move.