There you go again

Confirmed momentum breakdown from secondary trendline (ie., break below minor secondary trendline that is // to the major one, MASI & MARI have broken below zero).

Time for another candlestick blackout.

just curious - how do you qualify your (lower) trendline?

just curious - how do you qualify your (lower) trendline?

That trendline was actually generated by the canned program, not me. Not sure how it qualifies its trendlines, but I agree with it here. For one thing, I like the graduation of parallelism in trendlines because it very closely reflects horizontal levels of the masi indicator. In my view, trendlines are just representations of regression-to-mean thresholds, which I never find to be precise straight lines. That means I'm not stuck on point-to-point purism with trendlines.

Scalper's flip signals aside, at the end of the day, today makes one.

Today makes two. Have a nice weekend!