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Friday, June 30, 2017

Daily analysis for Friday June 30th


It is hard to believe that it has been quiet on the blog for almost two years. Writing the blog helps me in my daily routine and does not cost a lot of extra time. It also enforces discipline (which I need...), so publishing here is well spent time. You can (should) expect daily posts unless I get completely tied up with other commitments.

Compared to previous periods of posting on the blog I will utilize trend channels more while I am exploring this concept in more depth. Channels are directly cycles compatible, but I will experiment with alternative ways of drawing channels.  

Feel free to let me know if you think that the analysis can be improved.


Correction 20170704: The trend channel I am referring to is on the weekly chart. The bottom is anchored to 20161204 - 20160912 and the parallel to 201700506.