| Median Line #2: From a P3 after a change in Trend draw a line bisecting
the distance between P2 and P1. Then using this ML#2 as a CL draw the
usual A and R lines in order to see the strength as indicated by the
ability for prices to recover back to each R line that was past.
Relative strength is also indicated by recovery to the latest minor ML
after each drop or nearness to the latest ML. |
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