Yes, it's a parabolic rise, stunning.
Near 70 degree 18 month rise in NDX100
- Thread starter Rickshaw Man
- Start date
Let me tell you something that will blow your mind:
The degree is highly irrelevant because you can change that by adjusting the horizontal time value. Stretch it out, and your precious high degree becomes almost flat.
Sure about that, that's all I got 20 years. I understand what you saying, just don't have a 100-year chart. Still looks like 70 degrees to me.
Let me tell you something that will blow your mind:
The degree is highly irrelevant because you can change that by adjusting the horizontal time value. Stretch it out, and your precious high degree becomes almost flat.
Please present your chart, showing everyone your theory.
Plotting this on a linear scale is deceiving. To put the move into perspective you need to set the vertical axis to logarithmic. Absolute moves are meaningless when comparing to historical moves.
A 20-year Monthly chart
It is set to log, it is not my intention to mislead anyone....it is what it is. You can sure post your chart.
NQ monthly in linear.
Let me make myself clear. I'm looking at the big picture here. Yes, I can take a shorter time frame and the assent is not as steep. Weekly and monthly charts give me the bigger picture.