Monday 25 February 2013

Andrew's pitchfork

Yesterday I started looking at a different type of analysis work that gives structure and context to a market, its called median line and involves using Andrews pitchforks and looks very interesting indeed. Indeed I noted what looked like a good position to short, 6 am yesterday then had other plans for the day and later saw it was an excellent point to have shorted equity markets.


NASDAQ futures 
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Interestingly it meshes well with another type of analysis I do that compares equity markets to currency markets.

Highly intriguing for the positively deviant. 

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