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Strategies & Market Trends : StockCharts.com

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To: Plaything who wrote (538)4/5/2003 2:31:05 PM
From: Cush  Read Replies (1) of 836
 
Hi Plaything. I don't understand, so maybe I'm missing something.

I use weekly charts all the time. In my case, I use Candlesticks or Line charts, but that shouldn't make any difference. I just looked at a bar chart and it seems to work the same way the ones I'm familiar with do.

The data I look at is for Monday to Friday, the days the markets operate.

During the week, the line, candlestick, or bar, reflects the data available, just as intraday data shows on a Daily Chart.

It seems pretty simple to me that a Candlestick on a Weekly chart, on any day except for Friday's close is intra-week data.

So, I think Weekly data is complete each Friday at the close, and begins anew each Monday at the open.

Monthly data; complete the last trading day of the month, starts anew on the 1st trading day of the next month.

Did I miss your point entirely?

If so, have another go at it.

Cush
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