Median Line Study

February 8, 2010

ML charts updated 02/07

Filed under: Uncategorized — admin @ 9:02 am

FREE CHARTS

Free charts this week are the AUD/USD and gold.
 
Free charts:  http://www.medianlinestudy.com/free-charts.html
 
 
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Currencies
The EUR/USD shows the result of the Median Line drawn last week with the proper slope for determining future resistance (hint: a warning line did the job).  The GBP/USD chart shows the result of the measured move and area of confluence identified last week.  The USD/JPY chart illustrates an action/reaction line technique for determining potential levels of support.

Futures

The mini-Dow chart illustrates a neat “half” Median Line technique to find potential lines of support/resistance.  The mini S&P chart shows the amount of damage done to the downside including all the levels of support that were broken this past week.  The oil chart shows a measured move technique to determine potential targets when price is in the middle of a large Median Line set.
 
 
 

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Keep drawing the lines,
 
Greg Fisher
 

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