Chart o’ the Day: The “POH” Setup is Working

From my friend David at All About Trends:

When one looks at the current trend off the November lows a few things stand out — namely the pullbacks in terms of the duration, the depth and the percentages they’ve pulled back.

Take a look at the daily charts below of the NASDAQ Comp and the SPX. They pretty much tell the story within the current trend.

Chart

Chart

Source:

All About Trends

Follow @AllAboutTrends on Twitter

What's been said:

Discussions found on the web
  1. isofrane watch band commented on Sep 21

    … [Trackback]

    […] There you will find 75032 more Info on that Topic: thereformedbroker.com/2013/05/15/chart-o-the-day-the-poh-setup-is-working/ […]

  2. immediate edge commented on Sep 25

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2013/05/15/chart-o-the-day-the-poh-setup-is-working/ […]

  3. td trust easyweb commented on Oct 14

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2013/05/15/chart-o-the-day-the-poh-setup-is-working/ […]

  4. Sex chemical commented on Oct 29

    … [Trackback]

    […] Find More Info here on that Topic: thereformedbroker.com/2013/05/15/chart-o-the-day-the-poh-setup-is-working/ […]