At the June highs of 956, the SPX looked thwarted by a very
clear downtrend line from the start of the bear -- when plotted on
a linear price scale. Now, we are right at the same downtrend
line (but on a log scale). Which is the correct one? I
notice you always use log scale.
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log vs. linear spx
knocking on bear's door
Posted by kalinm on 22nd of Jul 2009 at 06:57 pm
Matt,
At the June highs of 956, the SPX looked thwarted by a very clear downtrend line from the start of the bear -- when plotted on a linear price scale. Now, we are right at the same downtrend line (but on a log scale). Which is the correct one? I notice you always use log scale.