Sunday, March 3, 2013

RWM (inverse ETF) left translated

Equities in a down trend tend to produce "left translated" cycles.  What does that mean?  It means the up leg is shorter (time and points up) than the down leg (time and points down).  This knowledge lets you adjust your holding period accordingly.

Take a look at RWM to see how "left translation" shows up on a chart:

GL traders

No comments:

Post a Comment