Another Midline


Person Holding White and Blue BoxImage Source: PexelsI’ve been very taken by midlines lately, which are the perfectly-in-between lines that define a channel. The longer the channel is, the more importance they, and their midlines, have. I noticed that the Nasdaq 100 index has been sporting one of these, and it closed precisely at that major resistance level on Friday.Here’s the multi-decade view of the channel which defines this important line.More By This Author:ETF Focus – Precious MetalsMetals Mania A Gap In GM

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