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Strategies & Market Trends : Point and Figure Charting

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To: chartseer who wrote (25401)7/4/2001 12:52:46 PM
From: Dominick  Read Replies (1) of 34811
 
Use the URL chartseer showed on messge #25401.

I always check a long term vertical chart first. So first selected "sharpchart" and changed the periods to monthly.
I can see where previous support at 1997 and 1999 has become resistance.

I then select point and figure chart and change traditional scaling to "user define" and box size to 3. Increasing box size gives you a long term view. For the heck of it, look at a 5 point box.

Hope this helps,

Dominick
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