InvestorsHub Logo
Post# of 10316
Next 10
Followers 63
Posts 9850
Boards Moderated 1
Alias Born 10/02/2002

Re: None

Saturday, 12/10/2016 1:17:21 PM

Saturday, December 10, 2016 1:17:21 PM

Post# of 10316
Log chart verses linear? My good friend Blacktruck that passed in 2012 was a firm believer in using linear charts with forks, said "why would you use a manipulated chart with a fork" I however continued using my semi log charts. The last week or so I found a better fit with linear for the current patterns and have only had a problem with the long term RUT which is the red "X"ed one below.
There can be huge differences in the two different chart settings.
The third is a semi log chart and if this is the one we should be using has the ML at about 1480 and we would expect to hit that level minimum, however pay attention to the blue fork which doesn't seem to fit. My previous RUT post had a top at 1418
the first below was posted in a previous post and two new ones.



if it looks right it is right

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.