The little mid-line study that I have been blogging for a few days has performed really well.
Notice how it broke the mid-line and rushed to the lower edge of the pink box that I had laid as a first range marker.
In a technically driven market, technicians do well :-)
This concludes my study for this particular setup.
Hope you had as much fun as I did, and hope you found it educational.
S&P 500 – May 15, 2012 - Bottom Line: Long term trend is up. Mid-term trend is down. Short-term trend is down Weekly S&P stage is Late Advance (2-C) Daily S&P stage is Strong Decli...
1 year ago