Wednesday, July 23, 2014 11:09:45 AM
BY ART HILL WHO WROTE
Chart 2 shows MDY retracing just over 38.2% of the prior advance and falling 4.1% from the July high to the July low.
This modest correction formed a falling wedge and chartists can watch last week's high for signs of a breakout.
Chartists can also watch StochRSI for a surge above .80 to signal an up thrust in momentum.
...............................................................
HOW AN IDEA IS BORN
Have taken 'thrust in momentum" of stochRSI and now use it
on TNA D CHART
..............................................................
MDY
Chart 2 shows MDY retracing just over 38.2% of the prior advance and falling 4.1% from the July high to the July low.
This modest correction formed a falling wedge and chartists can watch last week's high for signs of a breakout.
Chartists can also watch StochRSI for a surge above .80 to signal an up thrust in momentum.
...............................................................
HOW AN IDEA IS BORN
Have taken 'thrust in momentum" of stochRSI and now use it
on TNA D CHART
..............................................................
MDY
three percent per trade using TNA and TZA
http://investorshub.advfn.com/THREE-PERCENT-PER-TRADE-BY-USING-TNA-AND-TZA-12981/
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
