Dow Jones - YM1! at decision point

5 Jan 2022

Attaching the lines to the closes of the bars.

This is a technique Allen Andrews was teaching when using the Mini-Medianlines. But I find that specially in the longterm Charts, there's often value in this style.

Dow is now at a decision Point at the Centerline.
From here, up or down is possible. But from the past stats we know that there's a good possibility that we turn south from here.

Let's find out and observe.

21 Jan 2022

Catatan

As we see, the L-MLH is decisively broken.
If you're not in on the dayli yet, you better wait for a pullback. Never ever chase a stock.