I have analyzed by this method again in 2011:
I do not predict trend in 2013 according to 2011 bubbles.
But, who in 2011 according to this method sold and bought spared large losses (sold for 10 to 12, bought for 2-4, it is more than 250%).
Also in 2011 but the price of most collapsed after breaking Support on about $ 12 and the uptrend started to price first breached the "red line".
On the other hand, in 2011 was vastly different accumulation and distribution.
I still expect that if he falls below $ 92 a declining trend even faster this year. If we break up triangle, uptrend begins.
I believe that will see up to 10 days the end of the triangle.
Well, a symetrical triangle often does run around 3 months and we are approaching 3 months. So, we'll have to keep an eye on the next few weeks.
I just get the feeling we are in a longer downtrend. But will pay attention of course for a breakout.
It is a bit challenging to stay out of something you believe in...
The thing that has me concerned is the divergence of the money flow (up) from the price (down). This is bullish.The Chalkin money flow is not showing this however, though it often breaks up once crossing below the line, so something to keep an eye on.
