ASX 200 INDEX – Semi-log Scale – Weekly Close (4750)
Just as this chart served you well in 2009, it will continue to provide essential chart signals for the change of trend. Overall bullish sentiment continued with the well-anticipated Santa Claus rally, which now appears to have come to an abrupt end. You should maintain this chart by hand on a weekly basis. It filters a lot of the range noise from other chart styles and when combined with point and figure the direction signals will be clear...

Excerpted from an article originally published in the Mar/Apr 2010 issue of YourTradingEdge magazine. All rights reserved. © Copyright 2010, MarketSource International Pty Ltd.

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3.26 Copyright (C) 2008 Compojoom.com / Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."