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.
Next story:
19th Sep - US Dollar Index Breaks Further Support ![]()
Previous story:
12th September - Watch Gold: the retracement is over ![]()

