Median Line Study

January 17, 2010

ML chart update 01/17/10

Filed under: Uncategorized — admin @ 9:18 pm

FREE CHARTS

USD/CAD and e-mini S&P - Free charts:  http://www.medianlinestudy.com/free-charts.html

 
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Futures

The e-mini S&P highlights a Median Line nailing the point at which price would reach a previous swing high.  The Gold chart shows a modified Schiff Median Line with added resistive power.  The oil chart shows price reversing at the right “time” indicated by two crosses lines, but not the right “place” – a phenomenon I find on the charts often.
 
Currencies
 
The weekly report includes discussion of the EUR/USD and an IF/THEN scenario as price is at a decision point.  The USD/CAD chart illustrates the confluence of resistance that came together and rejected price last week.  The AUD/USD illustrates several clues that may be indicating the next move.
 
 
 
Keep drawing the lines,
 
Greg Fisher
 

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