http://www.biiwii.blogspot.com
http://www.biiwii.com
I get so into the ratios and indicators that sometimes I forget how much fun it is to simply chart nominal markets. I believe vital hints will show up in the indicators first however, so that is where the primary focus remains.
Here are two versions of the S&P monthly, in response to the chart linked by commenter Scion in the previous post. First is a log scale chart (as was the one referenced in the comment), adding a compelling Fib retrace level and lateral long term resistance. The second, for the sake of fairness, is a linear scale chart that tells a much different story.
Trend lines usually work best with log format, but to tell you the truth, I put much less weight on trend lines than most charties. I am much more compelled by lateral support/resistance.
An informal presentation of technical analysis, market ratio analysis, psychology and macro fundamental opinion... along with whatever else is required to stay on the right side of the markets. The premium NFTRH service takes all of these and more to the next level.
"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

