Monday, July 23, 2007

A Different View

Sometimes we get so caught up in the daily action and TA indicators that we can't see what's actually unfolding right in front of us. When I find myself getting caught in this vicious loop I eliminate all the indicators and moving averages etc., etc. Take a look at these three charts and you tell me what direction the markets are moving. Sometimes you can't see the forest for all the trees.