Thursday, October 13, 2016
I'm not even going to link to the article. Instead I'll just reprint the pile of horse manure that Dana Lyons passes off as TA:
Really, Dana? The Value Line Geometric Composite index? You couldn't find any other indices to write about?
And didn't they teach you in TA school that you draw your trend support line based on the close and not the intraday low?
And why is it so scary that the VLGC is breaking that little blue line that you drew? Has the market given your hacked Photoshop the power to determine buy and sell points?
And why aren't you showing us what happened before January 2016? Is three "trend-identifying" datapoints one too many for you?
Hope you get lots of stupid people subscribing to your paid newsletter, Dana!