2016年2月19日 星期五

CCL 20160219 - slope of retracements


Assuming that the trend is up since year 2003, when the slope of retracements is getting flatter & flatter, the trend could be reversed until there is a retracement with relative stiff(-est) slope.

For easier comparison, coloured bars represent different slopes from different time. It is obvious that the latest retracement (in red) is the stiffest among the 4 retracements.


2016年2月4日 星期四

2016年2月3日 星期三

US SPX500 20160203

found a ground near 0.382 of smaller range and trendline, look for more room near 0.618 of bigger range or higher...