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19th Sep - Carbon Emissions Finally Overcome Key Resistance

19 September 2013

WEEKLY CHART – CONTINUATION:

Recovery has now breached the main falling resistance line and neared resistance offered by the 5.99 Apr-12 low and the 6.17 23.6% recovery level.

DAILY CHART – Dec-13:

Resistance from the area of an old channel base has finally been overcome, as has the 38.2% area, providing a clear bull signal.

A bear channel top projection is now under test, with the 5.97 50% level not much above. Any slip back could well prove temporary now, with that old channel base now offering support.

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19th Sep - US Dollar Index Breaks Further Support

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12th September - Watch Gold: the retracement is over

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