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Which means?


3 box reversal puts it at 150 points a plot.


Like using a 200 M/A for trading decisions.

Hardly indicative of whats happening in the near term.

But does confirm that longer term---the Bullish view is still confirmed.

All longer term analysis is in sync with this view.


Like Kennas I'm not understanding your point here.

On the one hand your suggesting analysis has lost the plot---yet confirm the analysis in the longer timeframe (using point and figure as the chosen technical tool)---which no one here is suggesting is any different to the analysis which has been posted here.


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