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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: TradeOfTheDay who wrote (22538)11/4/1998 9:08:00 AM
From: Magnatizer  Read Replies (1) of 79460
 
bev

what that means is they are sloping (not horizontal) trendlines. Monday value is XXXXX and friday is YYYYY. Kind of like a connect the dots puzzle. Example: on DJ30 the first trendline has a value of 7511 on monday and 7406 on Friday. Points in between are along the downward sloping line

What a strong market. It may not let me back in in the low 8000s. Geeezz

ht
david
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