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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (14337)10/1/2000 2:38:15 PM
From: Venditâ„¢  Respond to of 19374
 
Proper trend lines are drawn including the shadows and not just the candle bodies. The shadows show the complete daily trading range.

On both charts I linked you are seeing only the last month or so of trend lines which were first drawn using a year's time frame, this will cut some candles along the way. The close above or below a certain trend line is what makes or breaks a trend especially if a second daily close can confirms the broken trend.

If you have a site link to view the unlinkable charts you mentioned Ill be glad to whip up a chart with linked picture based on our conversation re: 1987.