Friday, April 24, 2009 12:18:38 AM
resistance levels on the way up noted
TRIX: A momentum indicator showing the percent rate-of-change of a triple exponentially smoothed moving average. Like other oscillators, TRIX oscillates around a zero line. Its triple exponential smoothing makes it an excellent filter of market noise and it functions well as a leading indicator of market trends.
"Watch for big problems for they disguise big opportunities" H. Jackson Brown
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