Please explain

    ES Daily

    Posted by mdgfain on 1st of Sep 2010 at 10:39 am

    Steve,

    With the overlapping lines and colors, I can't figure out the significance of the red, fuschia, and green lines. Could you briefly explain?  I get the 62% retracement, but that's about it.  Thanks.

    Guy

    I added explanation below.

    Posted by steve on 1st of Sep 2010 at 10:41 am

    I added explanation below.

    Thx

    Posted by mdgfain on 1st of Sep 2010 at 10:47 am

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