The T line rule is making the trend analysis very easy. The T line creates a very high probability factor. As long as the indexes continue to trade above the T line, the uptrend remains in progress. This simple indicator will dramatically improve your trading by keeping your emotions out of your decisions. Currently, the Dow has formed a J-hook pattern off the 50 day moving average. The NASDAQ continues in an uptrend after forming J-hook patterns using the T line as support. There is a very powerful element that can be viewed graphically on a candlestick chart. The candlestick signals and patterns are the graphic depiction of investor sentiment. The T line is a natural support and resistance level of human nature. When you combine these two elements into your visual analysis, you dramatically improve the probabilities of analyzing a price move correctly. Join us in our chat rooms. Each day candlestick investors are finding high probability trades setups.
