4 replies to this topic

[mss]

These have all be posted before, but now they will updated.

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=8&mn=9&dy=0&i=p74469655293&a=128499079&r=7284.png

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=8&mn=6&dy=0&i=p99197737897&a=139520680&r=725.png

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=10&mn=6&dy=0&i=p61331230210&a=136421765&r=595.png

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=10&mn=6&dy=0&i=p80843207697&a=152522727&r=5468.png

mss

[slatedrake]

Thanks mss, Very much appreciated. Slate

[samsung]

Great set of charts,,,,,,, Very nice work as always Scott

[dougie]

those charts appear to be obliterated but the week is still young. A massive save tomorrow?

[mss]

QUOTE (dougie @ Oct 7 2008, 05:22 PM) *
MSS ; can you comment a bit more on this charting?


I draw a line from the highest point of price, to the lowest point of price. (in this case the light blue line). Then I go to the future price point and draw a line starting at the highest price point. The two lines are equal in time and angle, parallel. If a logical channel can be drawn on the first price group and transfered to the second, I do that also. A TOP to TOP line is drawn and a parallel is drawn from the bottom of the first group. This technique can also be done comparing an up trend.
Hope this helps, if you want more I'll try to explain it better.
best to you, mss

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=8&mn=6&dy=0&i=p99197737897&a=139520680&r=725.png

Edited by mss, 08 October 2008 - 09:49 AM.