This formed the second point of resistance (line C), which completed the flag formation (lines C and D).
The daily chart of XLI appears to show a rising wedge formation, lines c and d.
Now another flag formation (lines c and d) appears to be forming.
The daily chart of SLV shows that the flag formation, lines c and d, was completed on Monday with the close below support, line c.
The long-term chart of the euro shows the steady slide from the 2011 high at 1.4925 and a well-defined downward trading channel (lines c and d) .
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Gold was the big winner last week, and after completing its flag formation (lines c and d) on July 12, the Spyder Gold Trust ( GLD) has accelerated to the upside.
On the top right is the chart is the iShares MSCI Italy Index ( EWI) , which a few weeks ago appeared to be forming a flag formation, lines c and d.
The Global X Silver Miners ( SIL) has held up much better than either GLD or SLV, which is a bullish sign as the recent period of consolidation shows a flag formation, lines c and d.
The following rally allowed one to define a longer-term flag formation (lines a and c).
By the middle of April, SPY had formed an upward trading channel (lines b and c).
The daily chart shows a broad trading range (lines b and c) since the early September highs.
For the next two months, gold traced out another flag, or continuation pattern, lines b and c.
The daily chart of FCX shows the continuation, or flag pattern, lines b and c, in more detail.
The current chart shows a short-term flag formation, lines b and c.
The chart shows that the resistance from the completed flag formation, lines b and c, in the 1020-1050 area, has been reached.
Once the 50% retracement resistance level was first reached on May 2, the focus was clearly on the short side as a broader flag formation (lines a and c) was then evident.
The other, more worrisome interpretation is that the completion of the trading range (lines b and c) is projecting an move to much lower rate, which will imply a much weaker stock market and economy.
On the weekly chart, the July high (point c) is just part of a flag formation, lines a and b.
Then, if you build application C, you will need yet another bridge for A to communicate with C and for B to communicate with C. 90% of IT budget is used to maintain these lines of communication.
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Cruz, an insurgent Republican with strong tea party backing, read passages from Shakespeare's "Henry V" and lines from the 1970 movie "Patton, " starring George C.
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