AI
| Followers | 192 |
| Posts | 41494 |
| Boards Moderated | 1 |
| Alias Born | 10/29/2007 |
Tuesday, February 23, 2016 10:57:24 AM
TDI Market Base Line Relevance
Hey Qui, I think it was you that asked whether the yellow Market Base Line was relevant at all when using TDI counts.
I don't use it often but I do use it as a reference during trend runs. In this case on the AU 4 minute chart, the MBL dropped below 50 and is still tanking. That confirms for me the bearish trend at play on the hourly TDI count.
It's another type of confirmation.
Hey Qui, I think it was you that asked whether the yellow Market Base Line was relevant at all when using TDI counts.
I don't use it often but I do use it as a reference during trend runs. In this case on the AU 4 minute chart, the MBL dropped below 50 and is still tanking. That confirms for me the bearish trend at play on the hourly TDI count.
It's another type of confirmation.
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.
