Just a relative strength graph...

[Djobydjoba]

Hello there,

Just to share with FM users an example of a relative strength graph. TA and supports/resistances work very well with relative strength graphs. Here's a great example with DJ Emerging Markets / S&P 500 (both in USD) , and a simple line (the resistance becomes a support, then a resistance)...

http://img4.hostingpics.net/pics/530259RSEmergingSP.png

The hidden hand of the market revealed...

[Djobydjoba]

Hello,

Another graph sharing with the FM users.

Do you wonder what's going on with the Nasdaq currently? Yesterday -20% on Facebook, and it seems a correction is coming for the growth equities...
In fact, we could expect the Nasdaq to underperform for a few weeks/months, as this relative strength graph suggests:

http://image.noelshack.com/fichiers/201 ... wth-rs.png