The present state of the market…

Posted on Jan 19, 2019 by in Letters

 

http://schrts.co/NZCENeFF

It is interesting to note that during the recent sell-off prices did not take out the very strong and long P&F trendline.  We won't go into the niceties of P&F charting except to say that trendlines have the same import as  bar chart trendlines.  In fact it might be said they are marginally more powerful because of the P&F chart's filtering of noise.

This is only a preview. You must be a subscriber to access the full text of this letter.


 
Username
Password
 

 
Choose a Username*
   
Email *
   
First Name *
Last Name *
   
 
  * Required

Comments

You must be a subscriber to view and submit comments on this post.