"Is This a New Trend or a Standoff"

2D, 5m. - Mar. 11- Gap up followed mostly by a trending day down.  There was then a breakout to the upside followed by a weak close.  This all follows a very strong market the previous day.  Tomorrow remains a mystery.  Technically the Bull Potato remains intact but confidence in its reliability is shaky.
5D, 15m. - Mar. 11 - Each day has a "channel" that outlines the "trend of the day."  These can be used to help with trade decisions.
10D, 60m. - Bull Potato Day Two (2).  The market remains above the 10 Day Moving Average preserving the continuity of the Bull Potato.
3M, Daily - Mar. 11 - The last couple of days has shown a "Change in Trend Direction."  The market did close above the 10D Moving Average.  In the past these changes in direction have prevailed for 3-5 days or more.  The prolonged recent decline has brought into question the validity of these prior observations.  It may take some time to sort out these new patterns.

Bull Potato Breakout

"Breakout in Action - Can it Lead to a Score"

5D, 15m. - Mar. 10 - Beautiful breakout with formation of a new Bull Potato.  This is the first real technical reversal move seen in the market in the last month of activity.  The big question is "can it be sustained?"
20D, Hourly - Mar. 10 - The Breakout (Gold Spot) is seen on this longer 20D time frame chart. Twenty days sounds like 3 weeks but it is really a month of four five day sessions.  This has been a long wait.  The channel is simply a down trending outline of the prolonged Bear Potato that has been in play all this time.  "Change" is a popular buzz word these days.  Perhaps we can see some "Positive Change."